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yesterday

Paris Stocks Drop as Oil Nears $110 and Geopolitics Unsettle Markets

Higher oil near $110 with unclear U.S.–Iran signals is pushing markets to price a longer energy shock.

Pernod Ricard remontait de plus de 3% ce matin à la Bourse de Paris.
Stock market statistics are displayed on a screen at the New York Stock Exchange (NYSE) at the opening bell in New York on March 24, 2026. European and US stocks resumed sliding and oil prices jumped on Tuesday as traders turned cautious over the prospect of a negotiated agreement between the United States and Iran to end the Middle East war.
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on March 24, 2026. European and US stocks resumed sliding and oil prices jumped on Tuesday as traders turned cautious over the prospect of a negotiated agreement between the United States and Iran to end the Middle East war.

Overview

  • France’s CAC 40 closed down 0.87% to 7,701.95 on Friday, with growth names and airlines leading losses while energy and healthcare offered support.
  • Brent hovered around $108–110 a barrel, a rebound that investors say can lift consumer prices and slow growth as energy costs filter through the economy.
  • President Trump pushed his Iran deadline to April 6, saying talks were going well, as a Wall Street Journal report on a possible 10,000‑troop deployment kept nerves frayed.
  • Company headlines drove sharp moves, with Pernod Ricard up 7.94% on merger talks with Brown‑Forman and Edenred trimming Thursday’s drop tied to an Italian antitrust case.
  • G7 foreign ministers near Paris called for an end to attacks and for free passage in the Strait of Hormuz, a choke point that carries about a fifth of global oil and gas.