France, Germany, and the UK have maintained a consistent policy of defensive support rather than offensive strikes on Iranian territory throughout the 2026 conflict, including after U.S. and Israeli operations in February and subsequent escalations over the Strait of Hormuz. European leaders issued joint statements condemning Iranian missile and drone attacks while explicitly limiting their role to intercepting threats, authorizing limited base access for defensive U.S. actions, and calling for renewed negotiations. Recent June developments, such as U.S. self-defense strikes and Iranian responses, have not altered this stance, with no verified announcements or deployments signaling direct E3 offensive operations. Trader consensus at 98.6% on “No” reflects this established restraint and the short remaining window to June 30. A major Iranian escalation targeting European assets could still prompt reconsideration, though current patterns indicate low likelihood before the deadline.