The office of Minister Delegate for Industry Sébastien Martin stated no supply disruptions linked to the Middle East war have been observed in France, following a meeting with economic actors. Authorities urge vigilance amid tensions on raw material and energy prices. European gas prices surged over 24% after an Iranian attack on Qatar's Ras Laffan site.
On March 19, 2026, following a meeting at the Ministry of Economy in Bercy, the office of Sébastien Martin, Minister Delegate for Industry, stated that « no supply disruptions have been observed » linked to the Middle East war. Employer organizations (Medef, CPME, France Industrie, UIMM) and sector federations (FEBEA, A3M, GIFAS, France Chimie), along with companies like Suez, Novo Nordisk, Safran, Aluminium France, Eramet, LVMH, and Alstom, attended to assess industrial impacts in France. One participant described « a real sense of calm » among industries, « no panic, companies are rather serene but vigilant ». Fabrice Le Saché, Medef vice-president, mentioned « worry, but no panic », noting the « protracted conflict » differs from the Ukraine crisis by its global scope. Meanwhile, energy markets reacted sharply: European gas (Dutch TTF) jumped over 24%, reaching 67.85 euros per megawatt-hour, after Iranian strikes on Qatar's Ras Laffan complex, causing « considerable damages » per QatarEnergy. The Strait of Hormuz, handling 20% of world gas, is paralyzed. Bercy emphasizes accelerating electrification, securing critical inputs, and a European competitiveness agenda, promising ongoing dialogue with industries.
