Overview
- The bloc ruled out joining U.S. or Israeli operations or expanding EU naval missions near the Strait of Hormuz, with EU foreign policy chief Kaja Kallas noting there is "no appetite."
- Talks focused on surging oil and gas prices linked to the Iran conflict, with leaders warning about a renewed squeeze on households and industry.
- Member states diverged on responses, ranging from temporary state-aid flexibility and potential tax cuts to maintaining decarbonization plans and market stability.
- Commission officials prepared a toolbox of targeted, short-term options but acknowledged no single measure can counter a global supply shock.
- The agenda shifted away from resolving Hungary’s block on a large Ukraine loan to prioritize energy security, as reports indicated the United States is weighing additional troop deployments.