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CAC 40 Drifts Lower As Oil Prices Rise Amid Truce Uncertainty

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

A day after recording an impressive surge thanks to news about the U.S. and Iran agreeing to a two-week ceasefire, French stocks fell on Thursday as investors turned cautious amid uncertainty about the warring countries honoring the truce deal.

Iran has closed the Strait of Hormuz and threatened to walk away from the agreement as Israel continues to strike Lebanon. U.S. President Donald Trump has also warned of renewed escalation in the event of Iran not making an attempt to reach a broader deal.

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Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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