- Sir Keir Starmer announced he is collaborating with allies on a plan to reopen the Strait of Hormuz.
- The vital shipping route has been effectively closed due to the Iran war, causing global oil prices to rise.
- The Prime Minister stated the UK is working with European partners on a 'viable collective plan' to restore navigation and mitigate economic impacts, while avoiding a wider conflict.
- He acknowledged the impact of increasing oil and gas prices on UK households.
- Measures include a 'legal direction' to energy companies to pass on savings and a £53 million support package for vulnerable heating oil customers.
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