
French Minister: Russia Should Not Benefit from Iran Crisis
French Minister of Economy Roland Lescure, attending G7, G20, and IMF meetings in Washington, emphasized that Russia should not profit from the crisis in Iran.
9 stories found

French Minister of Economy Roland Lescure, attending G7, G20, and IMF meetings in Washington, emphasized that Russia should not profit from the crisis in Iran.

Le locataire de Bercy refuse de bloquer les prix des carburants même s’il reconnaît qu’un «encadrement des marges reste toujours possible».

France's Economy Minister, Roland Lescure, has advocated for the creation of new pension funds in France, presenting the idea to investors in Paris as a means to preserve Europe's strategic autonomy.

Following a meeting with distributors, French Economy Minister Roland Lescure expressed caution regarding a rapid reduction in fuel prices, citing the instability of the oil market and uncertainty over a real opening.

«Il s’appliquait dans mes mots à la situation internationale et en aucun cas à la situation française», a précisé le ministre de l’Économie ce mercredi.

Their colleagues from the Ministry of Finance concluded on Monday, according to French Minister Roland Lescure, that "coordination is key because the conflict could be of a local nature..."

French households and businesses are expressing significant worry and adopting cost-saving measures, such as carpooling and reducing discretionary spending, in response to soaring fuel prices driven by the Middle East conflict.

The Iran war continues to cause a global energy shock, driving fuel prices up and shaking the world economy, with Asia looking to COVID-era playbooks to tackle the crisis from the Strait of Hormuz blockage. Daily life in Asia is disrupted by the fuel crisis, and poor countries face catastrophe as the global economy pays a high price for the conflict.

Europe woke to a fresh surge in energy prices on Monday as the escalating war in the Middle East disrupted oil shipments and natural gas production in one of the world’s most critical…