French Foreign Minister says "We are ready to participate in the defence of the Gulf countries and Jordan", via Al Jazeera

The French Foreign Minister's statement indicates a potential escalation in France's military involvement in the Gulf region and Jordan, which may heighten geopolitical tensions. This readiness could influence oil prices and safe-haven assets like gold, as market participants assess the implications for regional stability and potential conflict. Additionally, it reflects France's strategic positioning within the EU and its commitment to regional defense, which may shift sentiment in European markets.