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France Warns Against Escalation Between Iran and US, Cites Oil Price Impact

France’s Foreign Minister has cautioned that any new military escalation between Iran and the United States would yield no winners and would primarily lead to a surge in oil prices. The minister reiterated France’s support for Saudi Arabia in defending its energy facilities against missile and drone attacks.

According to the International Desk of Webangah News Agency, France’s Foreign Minister has stated that any new military escalation between Iran and the United States would result in no victor and would solely contribute to an increase in oil prices. The official emphasized France’s support for Saudi Arabia, which has been targeted by missile and drone attacks, affirming that necessary capabilities and assistance are being provided for the defense of energy installations.

Meanwhile, the German Foreign Minister underscored that a new round of tensions in the region must be avoided under all circumstances, asserting that a military resolution to this dispute is entirely impossible. The minister cautioned that in the event of a conflict, not only the region but also the global economy and European citizens would suffer severe repercussions.

©‌ Webangah News, Al Jazeera, Mehr News Agency

English channel of the webangah news agency on Telegram
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