Answer from Hansard

The Secretary of State for Foreign, Commonwealth and Development Affairs (Yvette Cooper)

The closure of the strait of Hormuz has hit the global economy and prices at the pump here at home. No country should be able to hijack the global economy in this way. That is why we welcome the announcement of the memorandum of understanding between the US and Iran, and why the UK has been leading diplomatic work across the world to maintain the consensus behind the crucial principle of freedom of navigation and international maritime law, without tolls, restrictions or the threat of attack in the strait of Hormuz.