G7 Finance Ministers Convene in Paris Amid Escalating Middle East War Economic Fallout
G7 finance ministers met in Paris on May 18, 2026, to address the economic fallout from the ongoing Middle East war. The meeting focused on stabilizing global financial systems amid rising energy prices and sanctions policy. The U.S. war on Iran and the Hormuz crisis were central to the discussions.
Timelines
Sources
Top policymakers were expected to discuss rising energy prices and sanctions policy at a critical summit in Paris this week.
G7 finance ministers hold Paris talks in bid to contain Hormuz crisis The National
G7 finance chiefs are meeting in Paris. The discussions over the next two days in the French capital comes as the war in the Middle East continues to weigh on the global economy. France holds the G7 presidency and faces the tricky task of keeping dialogue open as tensions mount with Washington, over the latest tariff threats from Donald Trump.
Finance ministers and central bankers from the world's top economies are gathering in Paris as the US war on Iran threatens to undermine the global financial system. Meanwhile, inflation tied to the war sparks a rout on bond markets, and the US's busiest commuter rail system shuts down over a labour dispute.
G7 finance ministers meet in Paris to overcome their differences Le Monde.fr