Iran truce spurs hopes for world economy, but recovery will be rockyA petrol station in Toulouse, France, this month. - Oil prices -The ceasefire sent oil prices tumbling, with the main international contracts falling below $100 a barrel. In France, fuel prices could fall by "5 to 10 cents" per litre "very quickly," Olivier Gantois, president of the French Union of Petroleum Industries (Ufip), told AFP. Therefore, "the most immediate lever" for airlines to preserve their operating margins is to "pass on the increased costs to ticket prices". "If we quickly return (to February levels), the macroeconomic impact and the impact on budgets won't be very significant, I'd say almost negligible," Claudia Panseri, chief investment officer at UBS Wealth Management France, told AFP.

Source: Bangkok Post April 08, 2026 14:55 UTC