France’s equity benchmark CAC 40 drifted lower on Tuesday as fading hopes for a U.S.-Iran peace deal and rising oil prices weighed on sentiment. U.S. President Donald Trump said the fragile ceasefire between Washington and Tehran was on “massive life support,” raising fresh doubts over the chances of a lasting truce.Brent crude futures climbed to $107.60 a barrel, gaining nearly 3%The CAC 40, whic…
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Market Analysis
CAC 40 Down 0.6% As Middle East Tensions, Oil Prices Weigh
2026-05-12 10:27:41
