Strait of Hormuz

Baroness Rawlings Excerpts

Wednesday 18th March 2026 Lords Chamber

[Baroness Chapman of Darlington (Lab)]

I thank the noble Earl. He is right and we are having active conversations with Lloyd’s of London to make sure that shipping is insurable as the strait reopens. At the moment, though, you could have all the insurance you want—if it is not safe, it is not safe. We need to make sure that that is established, but it is important. Even if the strait reopens, if you cannot insure what you are doing, that makes life pretty impossible, so we have to make sure that we have a solution on insurance.

[Baroness Rawlings (Con)]

My Lords—

[Lord Mohammed of Tinsley (LD)]

My Lords—