{"id":30472,"date":"2026-03-11T22:58:59","date_gmt":"2026-03-11T22:58:59","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/30472\/"},"modified":"2026-03-11T22:58:59","modified_gmt":"2026-03-11T22:58:59","slug":"macron-said-france-may-add-measures-on-oil-prices-urging-allies-to-clarify-iran-war-aims","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/30472\/","title":{"rendered":"Macron said France may add measures on oil prices, urging allies to clarify Iran war aims"},"content":{"rendered":"French President Emmanuel Macron said France will work with several countries to limit steps that restrict exports. He said there is a need to define military and political objectives for the war in Iran, during a G7 leaders\u2019 video conference on Wednesday.\n\nMacron said there is no justification to lift sanctions on Russia. He said it will take a few weeks to co-ordinate ship escorts in the Strait of Hormuz.\n\n<h3>Market Volatility Outlook<\/h3>\nHe said France\u2019s release of strategic reserves totals 14.5 million barrels. He added that the government may decide further measures to cushion oil price rises for French consumers.\n\nThe market is signaling high volatility in the coming weeks, as bullish geopolitical tensions clash with bearish government interventions. Traders should anticipate sharp price swings rather than a clear directional trend. The uncertainty around the war in Iran is the dominant factor supporting prices.\n\nThe delay in coordinating ship escorts through the Strait of Hormuz creates a window of significant risk. About 21% of the world&#8217;s daily oil consumption passes through this chokepoint, so any disruption could send prices soaring. This unresolved military objective will likely keep a high-risk premium in the price of crude oil.\n\nThe announced release of 14.5 million barrels from French strategic reserves will likely have only a temporary impact. For perspective, this amount is less than the volume of oil that passes through Hormuz in a single day. We saw during the larger coordinated releases in 2025 that the market absorbed the extra supply quickly before focusing again on the underlying supply deficit.\n\n<h3>Supply Risk And Strategy<\/h3>\nSanctions on Russia continue to remove a significant volume of oil from the market, and OPEC&#8217;s spare capacity remains thin, estimated to be under 3 million barrels per day. This lack of a safety net means any further supply disruption will have an amplified effect on prices. The market simply does not have a buffer to handle another major shock.\n\nGiven this environment, derivative strategies that benefit from increased volatility are advisable. Buying call options to gain exposure to potential price spikes, while using puts to hedge against sudden bearish news, would be a balanced approach. The CBOE Crude Oil Volatility Index (OVX) has already climbed over 15% in the past month, reflecting the market\u2019s growing anxiety over supply security.\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b>\n<p>\r\n\r\n<p><strong>Start trading now &#8211; Click <a href=\"https:\/\/www.vtmarketsglobal.com\/en\/trade-now\/\">here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>Macron urged limiting export restrictions, defining Iran war aims, keeping Russia sanctions, coordinating Hormuz escorts, releasing reserves.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-30472","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=30472"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30472\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=30472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=30472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=30472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}