B

Baroness Chapman of Darlington (Lab)

Speaking in the House of Lords on 18 March 2026

Debate

Strait of Hormuz

Contribution

I thank the noble Earl. He is right and we are having active conversations with Lloyd’s of London to make sure that shipping is insurable as the strait reopens. At the moment, though, you could have all the insurance you want—if it is not safe, it is not safe. We need to make sure that that is established, but it is important. Even if the strait reopens, if you cannot insure what you are doing, that makes life pretty impossible, so we have to make sure that we have a solution on insurance.

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