UK Prime Minister Keir Starmer has announced a new financial support package after a sharp rise in heating oil prices triggered concerns for thousands of households. The increase comes as tensions linked to the war involving Iran continue to disrupt global energy markets.
Speaking during a live update, Starmer said reopening the critical shipping route through the Strait of Hormuz would not be a simple task. He confirmed that the UK is now working closely with international allies to develop what he called a “viable plan.”
The government revealed a £53 million support package aimed at helping households most affected by soaring heating oil costs. Rural communities are expected to be among those hit hardest by the sudden price increases.
The announcement comes amid growing pressure from US President Donald Trump, who warned it would be “very bad for the future of Nato” if allies fail to help secure the strategic waterway.
In an interview with the Financial Times, Trump said he expects China to assist in efforts to reopen the shipping route. He also suggested he could delay a planned summit with Chinese leader Xi Jinping if Beijing does not help unblock the passage.
Speaking aboard Air Force One, the US president revealed that the United States is currently in discussions with “about seven” countries about helping to police the strait. He added that Washington would “remember” which nations decide to step forward.
Meanwhile, tensions continue to grow elsewhere in the region. Israel confirmed it has launched “limited and targeted ground operations” against the Iran-backed militant group Hezbollah in southern Lebanon.
