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The finance ministers of the Group of Seven (G7) reiterate that it is imperative to reopen the Strait of Hormuz, and that it is important to tackle global current account imbalances, according to Reuters.
They also reaffirm in a joint statement their commitment to multilateral cooperation in addressing risks to the global economy.
Finance ministers from Canada, France, Germany, Italy, Japan, the United Kingdom and the United States also say that they remain committed to having stable energy markets and call on all countries to avoid arbitrary export restrictions.
