French Stocks Climb as Oil Slumps on Strait of Hormuz Reopening Prospects

French equities rose on Tuesday, September 22, 2026, as oil prices fell sharply on expectations the Strait of Hormuz could reopen in the near future. The prospect of restored flows through the key Middle East chokepoint eased supply concerns that had supported crude prices, lifting risk appetite across French markets in morning trade. The Strait of Hormuz handles roughly a fifth of global oil transit, making its status a key driver of energy prices and broader equity sentiment.