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Potential escalation between Iran and United States would only have losers, says France

October 23, 2026 7:45 AM
Reuters


France’s foreign minister said on Friday that any renewed escalation between Iran and the United States would only have losers and raise oil prices.

“A further escalation between Iran and the United States would leave no winners and would likely have very serious consequences for hydrocarbon prices,” Jean-Noel Barrot told reporters in Istanbul after a meeting with counterparts from Britain, Germany, Turkey, Egypt, Pakistan and Saudi Arabia.

(Reporting by John Irish; Editing by Sudip Kar-Gupta)

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