French President Emmanuel Macron has accused foreign leaders of exploiting the country's ongoing riots for electoral gain, suggesting they are using their remarks about the violence to further their own election campaigns.
Thousands of arrests were made across France over the weekend, leading to a wave of selling on its bond and stock markets.
Prime Minister Sébastien Lecornu has convened an emergency cabinet session to address the aftermath of widespread violence that erupted across France over the weekend.
Approximately 550,000 people took to the streets nationwide, with over 1,200 arrested in connection with the disturbances.
The Group of Seven has announced a plan to release 100 million barrels of oil and diesel onto the global market in an effort to alleviate supply pressures that have driven up prices.
The G7 leaders have agreed to release up to 100 million barrels of crude oil and diesel from their strategic stockpiles in an effort to stabilize global energy markets.
Thousands of students protesting against poor educational conditions disrupted over 700 schools across France on Friday, prompting clashes between riot police and demonstrators.
