Iran US War Latest Updates | European Leaders Raises Alarm Over Iran War, Oil Price Surge

European leaders have voiced serious concerns over the escalating conflict involving Iran and its global impact, particularly on energy markets. Meeting in Brussels, leaders warned that further escalation could have far-reaching consequences for economies worldwide. German Chancellor Friedrich Merz highlighted the significant risks of escalation, while Swedish Prime Minister Ulf Kristersson pointed to the growing global impact of the war, especially on energy prices. EU leaders called for the reopening of the Strait of Hormuz and urged a halt to strikes on critical water and energy infrastructure in the Middle East. In a joint statement, the European Council stressed the need for stabilising energy supplies and called for “de-escalation and maximum restraint” from all sides.