Starmer Condemns Israel Strikes on Lebanon
Analysis based on 6 articles · First reported Apr 09, 2026 · Last updated Apr 09, 2026
The Israeli strikes on Lebanon and Iran's subsequent closure of the Strait of Hormuz are likely to cause significant volatility in global oil markets, potentially leading to higher oil prices and increased shipping costs. The instability in the Middle East could also negatively impact investor confidence in the region and defense sector stocks may see increased attention.
Prime Minister Keir Starmer has condemned Israeli strikes on Lebanon, specifically Beirut and Hezbollah, calling them 'wrong' and demanding they 'should stop'. These strikes have made Wednesday the deadliest day in Lebanon since the conflict began and are imperiling a two-week ceasefire deal brokered between the United States and Iran by President Donald Trump. In response to the Israeli actions, Iran has again closed the Strait of Hormuz, a critical oil shipping channel. Keir Starmer, during a diplomatic trip to Gulf nations including Bahrain, Saudi Arabia, and the United Arab Emirates, also stated that the United Kingdom is monitoring the use of its bases by the United States to ensure they are used solely for collective self-defense. He also emphasized the importance of 'toll-free navigation' through the Strait of Hormuz. The Prime Minister also faced criticism from Donald Trump regarding his stance on the conflict.
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