Germany does not support calls to suspend a pact governing Israel's relations with the European Union, a government official said on Monday, highlighting divisions within the bloc. There has been deepening concern in European capitals in recent months about Israel's military operations in Gaza and the humanitarian situation in the enclave.

German Foreign Minister Johann Wadephul said on Monday he wants to keep a partnership treaty between the European Union and Israel despite possible violations of the agreement. "We need good relations with Israel,

Oil tumbled nearly 4%, global shares surged and the dollar dropped on Tuesday as markets took heart from a ceasefire between Israel and Iran and shrugged off what U.S. President Donald Trump said were violations by both sides.

Germany sees no reason to criticize Israel’s military action in Iran or the U.S. strikes over the weekend, German Chancellor Friedrich Merz said on X, in one of Berlin’s clearest expressions of support since the conflict escalated.