PARLIAMENTARY WRITTEN QUESTION
(15 January 2026)
Question Asked
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment she has made of the potential impact of the closure of the Strait of Hormuz on global oil trade.
Asked by:
Juliet Campbell (Labour)
Asked by:
Juliet Campbell (Labour)
Answer
Closure of the Strait of Hormuz would significantly disrupt global oil supplies, resulting in higher global prices. In the event of any global supply disruption, the UK holds emergency oil stocks that can be released to the market as part of a collective action by member countries of the International Energy Agency.
Answered by:
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