L

Lord Whitehead (Lab)

Speaking in the House of Lords on 25 March 2026

Debate

Fuel Supplies: War in Iran

Contribution

I hope the noble Lord does not consider that the figures and other facts that I have presented this afternoon are all erroneous, because I assure him that they are not, but he is right to say that this is not a question just of whether stuff goes through the Strait of Hormuz or nothing. There are a great many other ways in which oil, petroleum products, gas and so on can be taken from their source to where they want to go without going through the Strait of Hormuz. For example, pipelines across Arabia are already beginning to take some of the oil that otherwise would go through the Strait of Hormuz out to port, and the same is true with gas supplies. It is not all about LNG coming in vessels going through the Strait of Hormuz. I totally agree with the noble Lord that we should not be too taken up by overexcitable, ill-informed press speculation but should concentrate on the real facts and the real opportunities that there are to gather ourselves a sustainable oil and gas supply, which also includes making sure that as much as possible of our energy supply comes from home sources in the medium and long term.

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