The EU has welcomed a potential truce in the Israel-Gaza war and pledged €120 million in aid, despite having a limited role in the peace deal. European Commission President Ursula von der Leyen expressed hope for the region while acknowledging Gaza's grim humanitarian situation. The deal, announced by US President Joe Biden and Qatar, faces uncertainty due to Israel's hesitance. EU leaders view the agreement as a positive breakthrough, emphasizing the need for a two-state solution and the release of Israeli hostages. Experts suggest the EU could play a significant role in post-ceasefire governance and security.