The U.S. withdrawal has made dealing with Iran more complicated for EU companies which have business ties to Iran.

With U.S. President Donald Trump withdrawing the United States from a nuclear deal with Iran, shares of major French companies, which have business ties to Iran, including plane manufacturer Airbus and carmaker PSA, tread a southern path on Wednesday.

PSA’s shares were down by 1.5% while Renault’s shares were marginally down by 0,3%.

Renault also has business ties with Iran.

Shares of Airbus fell by 1.1%.

Shares of Total, an oil group, which does business in Iran, rose by 0.7%.

Oil prices have risen following Trump’s announcement of withdrawing the U.S. from its former landmark nuclear deal with Iran.

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Tags: Airbus, business ties, carmaker, Donald Trump, French, Iran, isolated, nuclear accord, nuclear deal, planemaker, PSA, Renualt, shares, stock, U.S, United States, withdrawal