Steel supports hold a preserved 19th-century facade in place as construction advances at the Canopia urban redevelopment site near the Saint-Jean railway station in Bordeaux, south-western France,2026. The city's redevelopment push comes as the European Central Bank warned that the Iran conflict risks pushing energy-dependent European economies into stagflation, with French construction firms reporting fuel and materials cost hikes across active sites. (Photo by Philippe LOPEZ / AFP via Getty Images)