The June 15-17 G7 summit in Evian-les-Bains will focus on the Iran agreement, the war in Ukraine, global economic imbalances and efforts to secure critical minerals outside China’s dominant supply chains.US President Donald Trump is due to attend the gathering after skipping last year’s G7 summit in Canada early.

French officials said his participation was important as allies seek coordination on major international issues.G7 leaders have been affected by Washington’s recent foreign policy decisions, which have reshaped debates over the Middle East, global trade and diplomatic relations.

Trump is scheduled to meet Middle Eastern leaders and hold talks with Ukrainian President Volodymyr Zelensky during the summit. The meeting with Zelensky comes as Ukraine continues to seek military support while Russian advances have slowed.G7 members are expected to seek details of the US-Iran agreement.

A memorandum of understanding is scheduled to be signed in Switzerland on Friday, though the full terms were not immediately disclosed.Trump said the Strait of Hormuz, a key route for global energy shipments that Iran had effectively closed for months, would reopen on Friday and that the US blockade of Iranian ports would end.

Iran’s Supreme National Security Council said military operations on all fronts, including Lebanon, would end permanently from Monday night. Iranian officials said broader negotiations, including sanctions relief and discussions on its nuclear program, would follow during a 60-day ceasefire period.

The United Arab Emirates, along with mediators Qatar and Egypt, will also participate in the G7 discussions.The summit is also a major diplomatic moment for French President Emmanuel Macron, who is hosting the meeting during the final phase of his presidency.

France has used its G7 leadership to push discussions on global economic imbalances, describing the issue as a shared challenge involving China’s production capacity, US consumption and European investment levels.Brazil, India, Kenya and South Korea have been invited to join the talks, while Macron has encouraged China to increase domestic consumption.

In a joint statement issued after meetings in Paris, the G7 officials said it was “imperative” to restore normal transit through the strategic waterway, which handles a substantial share of global oil and liquefied natural gas shipments.

The statement was released following discussions among finance chiefs from Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, as tensions linked to the Middle East conflict continue to disrupt international trade and energy flows.

The ministers also emphasized the need to address widening global current account imbalances and reaffirmed their commitment to multilateral coordination in responding to threats facing the world economy.

The G7 warned against arbitrary export restrictions and stressed the importance of maintaining stable and predictable energy markets at a time of heightened geopolitical uncertainty and supply chain volatility.

The Strait of Hormuz, located between Iran and Oman, remains one of the world’s most strategically significant maritime chokepoints. Any disruption to traffic through the corridor can have immediate consequences for oil prices, shipping costs and inflationary pressures across major economies.

The latest G7 statement reflects growing international concern over the economic fallout from escalating regional tensions and the broader impact on global trade, energy security and financial markets.