Escalation of tensions between Israel and Iran and the wars in Gaza and in Ukraine will dominate the agenda of the ministers from US, UK, France, Italy, Germany, Canada and Japan.
Another key issue will be ways of utilising profits from some $300 billion of sovereign Russia n assets held in the West to help Ukraine, amid hesitation among some Europe an Union member states over the legality of such a move. / Photo: AP
Italy, which holds the G7's rotating presidency, is pushing for a ceasefire in Gaza and a de-escalation of Middle East tensions, but Israel looks very likely to strike Iran despite Western calls for restraint. The US said on Tuesday it was planning to impose new sanctions on Tehran's missile and drone programme in the coming days and expected its allies to follow suit.The Iranian missiles and drones launched on Saturday were mostly shot down by Israel and its allies and caused no deaths.
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