Written Question·Foreign, Commonwealth and Development Office·UIN 106175
Overseas Trade: Oil
Tabled: 15 January 2026
Answered: 5 February 2026
Question
Juliet Campbell
Labour — Broxtowe
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.
Answer
Mr Hamish FalconerClosure 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 ...
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