EU leaders to ask Brussels to help on energy price surge linked to Iran war

EU leaders will ask the European Commission to help their countries take temporary and targeted measures to curb the surge in energy prices triggered by the Iran war, according to draft joint conclusions seen by Reuters.

The draft document also says any measures should maintain long‑term investment incentives, support faster deployment of renewables and safeguard fair competition in the EU’s internal market.

Subsequently, the leaders from the European Union’s 27 countries called for de-escalation in Iran and the wider region on Thursday as well as a moratorium on striking critical infrastructure, amid growing concerns about the impact of the Iran war on the global economy.

Leaders discussed the situation in the Middle East and its broader implications during a regular summit in Brussels.

“The European Council calls for de-escalation and maximum restraint, the protection of civilians and civilian infrastructure and full respect of international law by all parties,” the leaders say in written conclusions following their talks.

“In this regard, it calls for a moratorium on strikes against energy and water facilities,” they say.

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