France Will Join Hormuz Mission Only If Iran Agrees

President Macron has signaled that France is ready to help escort ships through the Strait of Hormuz, but only after fighting stops and with Iran’s approval. The statement follows comments from former President Trump suggesting France might get involved in a future operation. Macron’s wording is unusual: it implies cooperation with Iran rather than confrontation, hinting at a possible split between Tehran’s central government and its regional commanders. The move could be an attempt to stay neutral while still showing support for the United States, without openly criticizing Trump.

Oil prices have climbed to about $94 a barrel after Iran reportedly struck infrastructure in the UAE and Oman. The monthly oil chart shows a rebound from pandemic lows, though it still hasn’t reached the highs seen in early 2020. U. S. stocks are up despite higher oil costs, indicating investors remain hopeful that shipping will continue. Iran appears to be keeping the flow of oil open for nations outside its traditional allies, a strategy that may keep prices stable in the near term. The outcome of any Hormuz operation will depend on how hostilities evolve and whether Iran agrees to cooperate.

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