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G7 summit opens in France with Ukraine war, new US-Iran agreement on agenda

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As G7 leaders gather in the French Alps for a three-day summit starting Monday, a fresh U.S.-Iran memorandum of understanding lands on the agenda, announced just as the world's wealthiest nations convene in Evian-les-Bains. The deal comes amid persistent tensions over Iran's nuclear program and regional influence. Beyond the surprise diplomatic move, the group will grapple with two intractable crises: the grinding war in Ukraine and widening global economic imbalances that have reshaped trade and growth forecasts.