Top EU official calls for negotiations with Iran and an end to war

On March 24, 2026, European Commission President Ursula Von der Leyen called for negotiations with Iran. The call comes amid ongoing hostilities, though the specific conflict is not mentioned. Von der Leyen urged an end to the war and a peaceful resolution through diplomatic talks. She also addressed maritime security, specifically calling on Iran to lift restrictions on shipping in the Strait of Hormuz. The EU official's statement emphasizes the need for de-escalation and a return to stability in the region.

Following Donald Trump's postponement of strikes against Iran, financial markets reacted with rallying shares and rebounding oil prices. Asian stocks rose, and oil prices edged higher after a previous slide. However, market volatility remains, with uncertainty surrounding the possibility of a deal between the US and Iran. Trump claimed the US and Iran held talks with "major points of agreement," suggesting a potential deal to end the conflict. Iran dismissed Trump's claim as "psychological operations" and "fake news" intended to manipulate markets. Despite denials, reports suggest Egypt, Pakistan, and Gulf states are relaying messages. European Commission President Ursula von der Leyen emphasized the need for negotiations with Iran due to the "critical" global energy situation.