Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the potential impact of the conflict in Iran on energy prices.

Attacks have targeted energy production and export infrastructure across the Gulf. Traffic in the Strait of Hormuz, through which around 20% of global oil and LNG is shipped, has declined very significantly. This is putting upward pressure on global prices, which remain volatile. Ensuring the safe transit of tankers through the Strait of Hormuz is the crucial enduring solution.