Automobiles & Parts / Tires

Published on
08-04-2026 09:56

Geopolitical Context Boosts Michelin

This morning, Michelin’s stock is benefiting from a rapidly evolving geopolitical context. The announcement of a ceasefire between Washington and Tehran has led to a 15% drop in Brent crude, which fell to around 93 dollars a barrel. For an industrial company whose raw materials and logistics closely depend on energy prices, this easing is a relief factor for cost outlooks. The CAC 40 is up 4.28% during the session, while the SBF 120 has…