France & BNP Paribas

France: France, as a G7 member, welcomed the agreement and expressed readiness to help restore normal shipping traffic in the Strait of Hormuz. President Emmanuel Macron hosted the G7 summit where the deal was discussed.

BNP Paribas: BNP Paribas does not anticipate a return to pre-war oil prices, viewing $75 per barrel as a 'durable floor' given ongoing supply losses and higher demand, offering a cautious outlook on oil price stability.

France: France is the host nation where Crédit Agricole secured its MiCA crypto-asset service provider license from French regulators, enabling the launch of EURXT. This positions France as a key jurisdiction for regulated digital asset innovation.

BNP Paribas: BNP Paribas, like HSBC, has joined the Canton Foundation to advance tokenization, illustrating the competitive landscape and the growing interest among major banks in blockchain-based financial solutions.

BNP Paribas: BNP Paribas shares were down 4% to 5% as banking shares came under heavy fire following Sébastien Lecornu's resignation.