He called on Israel to use force proportionally and avoid using deadly force except as a last resort, a message echoed by the council's European members. "The death toll alone warrants such a comprehensive inquiry", British Ambassador Karen Pierce said.
The recall and "consultations" come on the heels of a series of massive protests in Istanbul over the embassy move.
Ismail Abdullah, who visited Palestine two weeks ago, said he believed that it was the collusion and collaboration of world powers like the United States and Britain who have denied the freedom and rights of Palestinian people.
The deaths overshadowed the opening of the new US embassy in Jerusalem, relocated from Tel Aviv in fulfillment of a campaign promise by US President Donald Trump, whose daughter Ivanka attended the inaugural ceremony.
The carnage unfolded several dozen kilometres away from where the Trump administration was following through on its decision to move the US embassy to Jerusalem from Tel Aviv.
German Chancellor Angela Merkel showed understanding for Israel's security interests in a call with Mr Netanyahu, but stressed that the violence should not be a means to achieving political goals, her spokesman Steffen Seibert said.
Kuwait called the meeting on behalf of Arab nations. He didn't immediately give details of his proposal. It was the deadliest day for Gaza in years and came amid celebrations of a USA mission in Jerusalem being officially converted into an embassy.
But the Palestinian delegation in Ottawa called the USA embassy move "unilateral and illegal" and Israel's military response to the protests an "immoral act" that relied on "excessive force".
At least 2,400 others were wounded in the bloodiest day in the Israeli-Palestinian conflict since the 2014 Gaza war.
Yesterday, tens of thousands had gathered near the border while smaller numbers of stone-throwing Palestinians approached the fence and sought to break through, with Israeli snipers positioned on the other side.
The Israeli military said Hamas tried to carry out bombing and shooting attacks under the cover of the protests and released video of protesters ripping away parts of the barbed-wire border fence.
"These war crimes need to be dealt with by the Security Council and the global appropriate legal system to bring those criminals to justice, because the Palestinian people should not be the exception to the rule", he further noted. Its ambassador urged the Security Council to condemn the faction.