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G7 Finance Ministers Meet in Paris as Strait of Hormuz Closure Bites the Global Economy
Economy

G7 Finance Ministers Meet in Paris as Strait of Hormuz Closure Bites the Global Economy

G7 finance ministers gather in Paris this week as Brent crude sits above $109, 30-year Treasury yields hit a one-year high, and the Eurogroup warns that reopening Hormuz is now an economic emergency.

May 17, 2026