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European Allies Reject U.S. Pressure in Iran Conflict as Global Oil Markets Face Historic Disruption

European Allies Reject U.S. Pressure in Iran Conflict as Global Oil Markets Face Historic Disruption

Brussels, Thursday, 26 March 2026.
Europe’s refusal to join the U.S.-Iran conflict deepens a transatlantic rift. This standoff has triggered the largest oil disruption in history, sending crude prices soaring past $100 per barrel.