Iran has put an initial price tag of approximately $270 billion on the damage inflicted by US and Israeli military strikes, as President Masoud Pezeshkian urged Europe to play an active role in pushing Washington toward a negotiated settlement.

Government spokesperson Fatemeh Mohajerani, cited by semi-official Tasnim news agency, said the figure is not yet final. “Iran’s losses from US and Israeli attacks are currently estimated at around $270 billion,” she said, adding that reparations are a key demand in Tehran’s negotiating position from the Islamabad talks.

Maximalist demands

Iran’s surviving leadership has laid out sweeping conditions for peace: a recognised right to enrich uranium, full payment of reparations, and the lifting of all sanctions. The reparation demand alone dwarfs any previous post-conflict claim in the region.

Pezeshkian reaches out to Macron

In a separate development, Pezeshkian called French President Emmanuel Macron to urge a more active European diplomatic role. He said Iran remains ready to continue talks within international rules and that Europe could encourage Washington to follow that framework.

“Despite expert-level understandings between the sides, excessive demands and a lack of political will among senior US officials have prevented a deal from being finalised,” Pezeshkian told Macron.

He warned that “approaches based on threats, pressure and military action are not effective and will only add to the complexity of the issues.”

The dual diplomatic push — combining a maximalist financial claim with an olive branch to Europe — signals Tehran is pursuing both leverage and mediation as the two-week ceasefire remains fragile.