German Chancellor Friedrich Mertz said that the increase in energy prices due to the war in Iran has already cost Europe more than 100 billion euros, and called on the parties to reach a diplomatic settlement. He noted that Germany and its partners are working through several channels to coordinate and increase diplomatic efforts to end the conflict as soon as possible.

German Chancellor Friedrich Mertz said that the increase in energy prices due to the war in Iran has already cost Europe more than 100 billion euros, and called on the parties to reach a diplomatic settlement. He noted that Germany and its partners are working through several channels to coordinate and increase diplomatic efforts to end the conflict as soon as possible.