Toulon and French industry remain in the war

France retaining Toulon and its industrial base lets the navy repair, arm, and supply itself from metropolitan facilities instead of depending entirely on exile support. Libya still faces rapid defeat because the Allies control both adjoining territories and the sea approaches. Germany may lack the forces to intervene in Romania or rescue an Italian attack on Greece while its army remains committed in France. Italy could consequently lose Albania and Mediterranean islands as well as Libya, turning operational defeats into a political crisis for Mussolini.