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UK's Starmer vows to protect 'working people' from conflict fallout

Published by Global Banking & Finance Review

Posted on March 15, 2026

4 min read

· Last updated: April 1, 2026

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UK's Starmer vows to protect 'working people' from conflict fallout
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LONDON, March 15 (Reuters) - British Prime Minister Keir Starmer will promise on Monday to support "working people" with cost-of-living pressures worsened by the conflict in the Middle East, warning

UK's Starmer resists being drawn into wider Iran war, offers help on strait

Starmer's Stance on Iran Conflict and Economic Impacts

By Elizabeth Piper and Sarah Young

Britain's Position on Military Involvement

LONDON, March 15 (Reuters) - Prime Minister Keir Starmer said on Monday Britain would not be drawn into a wider war in Iran but would work with allies on a "viable" plan to reopen the key Strait of Hormuz, a task he said would be "difficult" without de-escalation in the Middle East.

At a press conference aimed at easing public concern over rising energy costs, Starmer again justified his decision not to take part in the initial U.S.-Israeli strikes on Iran, a move U.S. President Donald Trump has criticised, going as far as calling the British leader "no Churchill".

International Response to Strait of Hormuz Crisis

Starmer did not rule out any action to reopen the strait after Trump said at the weekend that Britain, China, France, Japan and South Korea should send warships to the region to help unblock it. But the British leader said any move would need to be agreed by as "many partners as possible".

Japan, Australia have both said they would not send naval vessels to the strait. Greece and Germany also ruled out joining any military operations there, with Berlin adding it was not a job for the NATO alliance.

Economic and Energy Impacts

Rising Costs and Government Response

STARMER PROMISES TO SHIELD BRITAIN FROM RISING COSTS

"Ultimately, we have to reopen the Strait of Hormuz to ensure stability in the (oil) market. That is not a simple task," Starmer told reporters.

"So we're working with all of our allies, including our European partners, to bring together a viable collective plan that can restore freedom of navigation in the region as quickly as possible and ease the economic impact."

Impact on Global and Domestic Markets

About a fifth of global oil and liquefied natural gas normally passes through the strait, a narrow passage of water between Iran and Oman. Tehran's effective shutting of the strait has sent oil prices to more than $100 a barrel.

That has seen energy prices leap for consumers, and Starmer said it was his priority to support working people with cost-of-living pressures.

He set out the first financial support, a 53-million-pound ($70.30 million) package for the most vulnerable households which rely on heating oil, and said his Labour government would keep any other measures under review as it was hard to predict what could happen in three to six months' time.

British domestic energy prices will largely be shielded by a tariff-pricing cap that will be in place until July. Were the impact to extend beyond that, the government would face calls to repeat the support Britain gave to households at the start of the Ukrainian war, when it stumped up 40 billion pounds.

The quickest way to ease cost-of-living pressures, Starmer said, was to de-escalate the conflict in the Middle East.

Britain's Military Capabilities and Diplomatic Relations

Potential Contributions and Defense Assets

Asked for the specifics on what Britain could contribute after it brought its last minehunter in the region back to Britain this month, he reiterated that it had autonomous mine-hunting systems in the area and was looking at other options.

UK-US Relations Amid Iran Conflict

The Iran conflict has strained ties - the so-called special relationship - between Britain and the United States, but Starmer said he would rather protect Britain's interests than get dragged deeper into the war.

After a conversation with Trump on Sunday, Starmer said he had a "good call" with the U.S. leader and that the two had spoken "in the way that you would expect between two allies and two leaders".

Additional Information

($1 = 0.7563 pounds)

(Reporting by Elizabeth Piper; Writing by Kate Holton; Editing by Andrew Heavens)

Key Takeaways

  • Starmer emphasizes protecting “working people” amid cost-of-living pressures worsened by Middle East conflict and Strait of Hormuz disruptions.
  • The government plans a £50 million targeted support package for vulnerable rural households dependent on heating oil.
  • Starmer warns energy firms against price-gouging, promising legal action if markets are exploited, and has summoned petrol retailers amid concerns over fuel pricing disparities.
  • Fuel price transparency measures like the Fuel Finder scheme and real-time pricing mandates aim to curb unfair pricing and bolster competition.
  • The move comes as living standards remain under strain—disposable incomes stagnate, and 55% of households in poverty include working individuals.

References

Frequently Asked Questions

What measures is the UK government taking to support working people during the cost of living crisis?
The UK government is pledging targeted financial support for vulnerable households, including a £50 million package for those relying on heating oil, and is warning companies against exploiting the crisis by raising prices.
How is the conflict in the Middle East affecting energy prices in the UK?
The conflict has effectively closed the Strait of Hormuz, a vital waterway for oil and gas supplies, leading to increased prices and energy supply concerns in the UK.
Will there be universal support for rising energy bills for all UK households?
No, the government has ruled out universal help for all households due to affordability concerns, focusing instead on targeted support for the most vulnerable.
What steps is the UK government taking against companies exploiting the energy crisis?
The government has warned companies against profiting from the crisis by raising prices unlawfully, promising legal action if necessary and holding discussions with petrol retailers.
What is the government's view on resolving the cost of living crisis?
The government believes that ending the Middle East conflict is the quickest way to address the surge in energy prices and reduce overall cost of living pressures.

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