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Iran Strikes French Container Ship in Hormuz War

The Iranian strike on CMA CGM's container ship San Antonio in the Strait of Hormuz on Tuesday — despite a US Navy escort — pulled Paris's week onto one track. Polymer prices spiked through the Plastics Valley, idling half of Meplast's 13 injection presses, while TotalEnergies CEO Patrick Pouyanné threatened to scrap his fuel-price cap if the government imposed a windfall tax. France hosted G7 trade ministers in Paris on critical minerals and China dependence ahead of the June 15–17 Evian summit; FM Jean-Noël Barrot said Russia's 120 sq km April losses showed its Ukraine war was failing.

The Hormuz attack reached French households as a triple shock. CMA CGM's San Antonio, a Maltese-flagged container ship operated by the Marseille-based French line, was hit on Tuesday evening from the Iranian mainland by a drone or cruise missile while transiting under US Navy and US Air Force escort as part of "Project Freedom"; the engine room caught fire and several crew members were injured and evacuated. President Donald Trump paused the escort mission "for a short time" hours later, citing "great progress" toward a one-page, 14-point memorandum with Tehran that would halt the war for a 30-day negotiation window. French government spokesperson Maud Bregeon said France was not the strike's target — the ship was not flying the French flag and had no French sailors aboard — and President Emmanuel Macron arranged a Wednesday phone call with the Iranian president. China's foreign minister Wang Yi, meeting Iranian counterpart Abbas Araghchi in Beijing, urged the strait's swift reopening, noting Kpler data show more than half of China's seaborne crude imports pass through the region.

The shockwave reached the Plastics Valley around Oyonnax in the Ain department, France's densest cluster of plastics manufacturers. At Meplast in Veyziat, site manager Lolita Manzoni said half of the plant's 13 injection presses stood idle on April 16 — a period that would normally be peak production — as polymer prices linked to the Hormuz closure pushed downstream customers to cut their orders. The slowdown in what is billed as the country's plastics heartland exposes how directly Gulf shipping disruption now feeds into rural French manufacturing.

At TotalEnergies, the squeeze took a different form. CEO Patrick Pouyanné told the government he would scrap the company's voluntary fuel-price cap in France if Paris imposed a windfall tax on oil majors to finance new driver aid. Sébastien Lecornu has scheduled a Thursday evening meeting at his office to consider expanding fuel assistance to more drivers and professions; the government has already ruled out cutting fuel taxes outright.

France's chairmanship of the G7 turned the diplomatic side of the day into another Hormuz-tinged session. Trade ministers met for a second day in Paris on Wednesday with US tariff threats, Middle East instability and reliance on Chinese critical minerals on the agenda. Paris has set four priorities for its presidency — industrial overcapacity, critical minerals, WTO reform and cross-border e-commerce — and the meetings precede a leaders' summit in Evian on June 15–17.

Foreign Minister Jean-Noël Barrot turned to the other war on France's plate. Russia's loss of 120 square kilometres of territory in April, alongside a deepening economic crisis, showed Moscow's war was failing, he said, calling on the Kremlin to end its aggression. Lithuania's foreign minister noted Russia had effectively ignored Ukraine's truce proposal for May 6; the Ukrainian Air Force reported Russia resumed airstrikes from the early hours of that day after a brief pause.

Markets read Trump's escort-mission pause as a sign of imminent diplomacy: Brent eased and European equities rose. The CMA CGM hit nonetheless underlined a separate fact set out by Joint Chiefs Chair Gen. Dan Caine at the Pentagon — Iran has attacked US forces more than ten times and fired on commercial vessels nine times since the April ceasefire, and roughly 22,500 seafarers aboard more than 1,550 commercial ships are stranded in the Persian Gulf.

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