[Manthink]

least worried.  Dollars will come down when Fed reduce the Fund rate.  Fed will reduce the Fund rate when US falls into recession. Oil,  Baltic dry index r falling more than 20% into the bear market.  Gold is stubbornly low,  meaning no recession in sight.   Market is presently looking for signs of recession with hope that Fed would reduce rate.  Now waiting for US yield to fall b4 entering the market.

Simple really - US mid-term election is just next month in Nov. No way Biden, nor the demo/republicans gonna allow American inflation to influence their winning chance. Problem is today, other than the USD, Washington has little influence on other resources like energy  from crude oil to LNG market.
That's why Nord Stream pipelines kenna blew up after sanctions fail to crash the Russian Ruble.

So the question isn't about G7 agreeing with anything...Ultimately it is the US that calls the shots at the G7. Like it or not.

Need US help ? Other than US, UK and Japan, rest of G7 members depend on Russian gas...Why would Washington give a damn if it blew up ?