IRAN'S FOREIGN MINISTRY REJECTS AS 'BASELESS AND HOSTILE' FRENCH ACCUSATIONS THAT IRGC WERE BEHIND CYBERATTACK ON SUPERMARKET FRIDGES

Iran's Foreign Ministry has publicly rejected French accusations that the Islamic Revolutionary Guard Corps was responsible for a cyberattack on supermarket refrigeration systems, calling the claims "baseless and hostile." The dispute is diplomatic and attributional in nature, centering on who conducted an intrusion into commercial refrigeration controls rather than on any change in trade, sanctions, or energy policy. The main transmission channel is geopolitical risk premium, where state-linked cyber allegations between Western governments and Tehran can lift demand for safe-haven assets and add a modest risk-off bias to Middle Eastern sovereign and regional equity exposures. Assets most sensitive to this kind of escalation include Iranian-linked and Gulf regional equities, oil and tanker freight rates if tensions spill into shipping, and cybersecurity-sector equities that often rally on attribution headlines. The impact is likely to remain limited unless France or the European Union moves to formal sanctions or retaliatory measures, so traders should watch for any Quai d'Orsay statement, EU Council sanctions listings under cyber-related framewor

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