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strikeMay 27, 2026

Ed Miliband Takes Aim At Trump's War In Iran Amid Rise In UK Energy Bills

Summary

Ed Miliband has hit out at Donald Trump’s ongoing war in Iran after the energy price cap increased. Regulator Ofgem has just announced the energy price cap will be going up by 13% between July 1 and September 30. That means the average gas and electricity bill will increase to £1,862 a year, adding a significant strain to households across the country. Responding to the concerning update, energy secretary Ed Miliband said: “The rise in the price cap because of a war we did not choose is deeply unwelcome news for households across the country.” Trump worked with his Israeli allies to launch an attack on Iran at the end of February. Iranian troops responded by blockading the Strait of Hormuz, a major shipping lane which is responsible for transporting a fifth of the world’s oil and liquefied natural gas supplies. Three months later, the effective closure of the waterway continues as negotiation efforts stall – meaning energy prices around the world have gone up. The US did ask to use British military bases to initiate preemptive strikes on Iran, but Starmer declined, only allowing the sites to be used for defensive action. The UK, along with European allies, also turned down Trump’s plea to send warships to the Strait of Hormuz to force it to reopen. The war has opened a chasm in diplomatic relations between the White House and Downing Street, as Starmer insists Britain will not be drawn into a “wider war”. Miliband said the government would continue trying to help the public amid rising bills, adding: “We know people were under pressure before this crisis, and that’s why easing that burden is our number one priority. ” He pointed out that chancellor Rachel Reeves froze fuel duty and made bus travel free for children across England in August. The cabinet minister noted that the government has also taken £150 average costs off energy bills for the years ahead, and extended the Warm Home Discount for around six million families, too. Miliband said: “We will continue to monitor the situation ahead of the winter and plan for all contingencies. “In the immediate term it is essential to de-escalate this conflict to bring oil and gas prices down and as Britain faces the second fossil fuel crisis of this decade, we must learn the right lessons. “The way to get bills down for good and avoid these price spikes is to go further and faster with this government’s drive for clean homegrown power we control. We are upgrading as many homes as possible ahead of winter with the biggest investment in warm homes in British history.” Caroline Abrahams, charity director at Age UK, warned that this would be a very troubling update for the elderly. She said: “Even during this unprecedented hot weather for May, older people on low incomes are already worrying about how they will afford to stay warm next winter. “We know that today’s price cap increase is the shape of worse to come when the next price cap is announced, because by then the impact of the war in the Middle East will really be feeding through into prices. “Unfortunately, these elevated energy costs due to the war will hit just at the time when pensioners will need their heating the most, as we head into winter.” Age UK urged the government to come up with “an effective plan now to help older people on low incomes to get through the coming winter unscathed”. Abrahams added: “It’s imperative that we avoid a repeat of the 2024/5 winter, when millions of older people were cold in their own homes.” Subscribe to Commons People, the podcast that makes politics easy. Every week, Kevin Schofield and Kate Nicholson unpack the week’s biggest stories to keep you informed. Join us for straightforward analysis of what’s going on at Westminster.

Perspectives

Iranian Official

The Iranian government denounces the unprovoked aggression by the United States and its Israeli allies against its sovereign territory as a flagrant violation of international law and a direct threat to regional stability. In legitimate defense of its sovereignty and in resistance to this foreign assault, Iran has upheld the closure of the Strait of Hormuz, demonstrating that such hostile actions carry inevitable consequences for global energy flows. This conflict exposes the isolation of the aggressors, as even close partners like Britain have withheld full support for further escalation.

Israeli

Israel’s defensive partnership with the US targeted Iran’s escalating existential threats, including its nuclear ambitions and proxy networks, forcing Tehran to blockade the Strait of Hormuz in retaliation. This closure has driven global energy prices higher, compounding economic pressures while exposing the regime’s willingness to weaponize vital shipping lanes. Britain’s refusal to commit beyond defensive basing or naval escorts underscores the diplomatic fractures that weaken coordinated efforts to neutralize Iran’s aggression.

Neutral

Ofgem has announced a 13% increase in the UK energy price cap from July 1 to September 30, raising the average annual household gas and electricity bill to £1,862. Energy Secretary Ed Miliband stated that the rise, linked to conflict involving Iran, represents unwelcome news for households. Reports describe Iranian restrictions on the Strait of Hormuz following February strikes by US and Israeli forces, with UK officials declining requests for certain military support while pursuing diplomatic efforts.

Western

The US and Israeli strikes on Iran represent a targeted effort to neutralize threats to regional stability and secure the Strait of Hormuz, a vital artery for global energy supplies. Iran's blockade of the waterway, which carries a fifth of world oil and LNG, has triggered the UK's 13% energy price cap rise to £1,862, prompting Energy Secretary Ed Miliband to highlight the resulting household pressures. The UK has facilitated defensive support while prioritizing de-escalation to prevent broader conflict.

Pro-Peace

The US-Israeli attack on Iran and subsequent blockade of the Strait of Hormuz have triggered sharp energy price rises, pushing average UK household bills to £1,862 and adding acute financial strain to civilians already struggling with the cost of living. These developments highlight the devastating humanitarian ripple effects of military escalation, including disrupted global supplies and mounting pressure on families far from the conflict zone. Renewed diplomatic engagement to end the blockade and prevent wider war remains the only path to alleviating civilian suffering on all sides.

Global South

From a Global South vantage, the US-Israeli assault on Iran and the ensuing Hormuz blockade expose neo-colonial energy dominance, as Western powers disrupt a vital waterway carrying one-fifth of global oil supplies and trigger price spikes that batter developing economies most. UK Energy Secretary Miliband’s blame on a “war we did not choose” rings hollow amid London’s partial facilitation of US bases and refusal to dispatch warships, underscoring institutional failure to restrain escalation or shield sovereign nations from imported crises. The resulting 13% UK cap rise to £1,862 merely illustrates how such conflicts externalize costs onto households worldwide while eroding multilateral efforts for stable, equitable energy access.

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  • Kate NicholsonBy Kate Nicholson

    Ed Miliband has hit out at Donald Trump’s ongoing war in Iran after the energy price cap increased. Regulator Ofgem has just announced the energy price cap will be going up by 13% between July 1 and September 30. That means the average gas and electricity bill will increase to £1

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PARIS: The head of the International Energy Agency said on Tuesday (Jul 21) that renewed fighting in the Mideast increases concerns over energy supplies but that the market still has cushions to absorb the impact. "The escalation in hostilities affecting the Strait of Hormuz and energy infrastructure in the region increases security of supply concerns and uncertainty over the market outlook," IEA Executive Director Fatih Birol said in a statement.

"For the moment, crude oil markets continue to benefit from several cushioning factors," he added, pointing to increased exports from several countries and Saudi and United Arab Emirates oil reaching markets by alternative routes. However, Saudi Arabia's main alternative route of using a pipeline to load tankers in the Red Sea port of Yanbu is under threat as Iran's Yemeni allies, the Houthis, declared they would blockade Saudi Arabia's ports.

Oil markets have for months feared that the Houthis would return to attacking shipping in the Red Sea and Gulf of Aden - as they did during the Gaza war - cutting off yet more crude from global markets. The initial market reaction to the announcement by the Houthis was restrained, however, as Iran indicated that mediation efforts were still underway, calming investor jitters.

"Threats to the Bab el-Mandeb Strait, which has become increasingly important as a route to bypass the Strait of Hormuz, exacerbate these concerns further," said Birol, referring to the narrow passage between the Red Sea and Gulf of Aden. The IEA, in addition to advising its industrialised nation members, also helps them coordinate the release of their strategic oil reserves in reaction to market disruptions.

Birol noted that ongoing government releases from these reserves have provided considerable relief to markets, and that nations continue to hold ample reserves. However, he warned "there is no room for complacency on oil security" and pointed to a drawdown of available commercial inventories, with low refining activity contributing to a tighter supplies of refined oil products like petrol and diesel than for crude oil.

Birol noted that additional supplies of liquefied natural gas from the United States and Canada have offset about 70 per cent of lost supply via the Strait of Hormuz. However, further delays in resuming Gulf exports "will be felt by all LNG importers, including Europe as it looks to refill its gas storage for next winter", he warned.

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US stock futures rose, with Nasdaq futures gaining 1.4% and S&P futures up 0.5% as of 7:20 a.m. ET, led by semiconductor stocks after gains in Japan and South Korea. A report indicated TSMC plans price increases, while overnight events included a Houthi-imposed blockade on Saudi Arabia amid tensions involving Iran.

Trading showed higher commodity prices, a steeper yield curve, and a flat dollar, with upcoming data releases including the ADP weekly employment change and Philadelphia Fed non-manufacturing index.

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Reports indicate ongoing US-Iran tensions into a tenth day, including a tanker strike in the Strait of Hormuz and Houthi threats to Red Sea shipping. US Central Command conducted strikes on Iranian command, missile, and air defense sites, while Reuters reported mediator proposals for a 10-day ceasefire and statements from both sides outlining conditions for halting attacks.

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DUBAI, United Arab Emirates (AP) — Iran attacked a tanker in the Strait of Hormuz early Tuesday, forcing its crew to abandon the ship, while the United States conducted yet another round of airstrikes targeting the Islamic Republic as they struggle over control of the key waterway.

The 10 consecutive nights of U.S. airstrikes haven’t compelled Tehran to loosen its grip on the strait, through which about a fifth of all crude oil and natural gas traded once passed in peacetime. Even as the U.S. and Iran inch closer to all-out war again, Iran’s interior minister traveled to Pakistan, a key mediator in the conflict, for talks.

However, it remains unclear just what new deal could be reached to end the fighting. The interim deal signed last month that was meant to end the fighting has crumbled. Shipping through the Strait of Hormuz has largely stalled. And as fighting intensifies, both sides have targeted civilian infrastructure relied on by millions of people.

“Iran and groups supportive of Iran may target other U.S. interests overseas or at locations associated with the United States and Americans throughout the world,” the U.S. State Department said in a new warning to Americans. The escalation has pushed oil prices higher in recent weeks.

Benchmark Brent crude traded Tuesday above $88 a barrel and regular gasoline in the U.S. climbed to an average of $4 a gallon, keeping pressure on Americans’ wallets ahead of midterm elections this fall. Meanwhile, the U.S. military identified two soldiers who were killed in Jordan in attacks that left a third person missing.

Separately, the military confirmed another death in Iraq on Saturday during the “controlled detonation” of a downed Iranian drone. President Donald Trump took to social media on Monday to warn that “Every time Iran kills an American Soldier they will pay for that killing many times over!

” Trump was planning to attend a ceremony on Tuesday evening at Dover Air Force Base, where at least one service member’s remains were due to arrive. US strikes come as ships attacked The U.S. military’s Central Command said Tuesday it targeted “Iranian military command centers, maritime capabilities, missile and drone launch sites and air defense systems.

” It released more footage of bombings that targeted sites in Iran. “American forces remain postured and prepared to hold Iran accountable for unwarranted aggression toward civilian mariners seeking to freely and openly transit the strait,” the command said.

Iranian state media reported that explosions were heard in Fars, Hormozgan, Ilam, Kerman and Sistan and Baluchistan provinces. However, traffic through the strait has slowed to a crawl during the latest violence. Lloyd's List Intelligence said only three ships transited the strait on Sunday.

The British military’s United Kingdom Maritime Trade Operations center said a tanker came under attack early Tuesday in the strait off Oman, forcing the crew to abandon the vessel. Iran’s paramilitary Revolutionary Guard claimed the attack, as well as two other attacks on ships Monday in the waterway.

The route around Oman has been the one the U.S. military has encouraged ships to travel to avoid Iran’s control. The UKMTO separately reported Tuesday that another previously unknown attack on a ship took place early the previous day. Tehran also hit U.

S.-allied countries throughout the Middle East. Jordan military's said Tuesday that Iran targeted it with five drones and three missiles, all of which were shot down. Bahrain sounded its missile alert sirens Tuesday afternoon as another Iranian barrage targeted the island kingdom, which is home to the U.

S. Navy's 5th Fleet. Nearly 100 US injuries since early July The Pentagon’s chief spokesperson said nearly 100 U.S. service members have been injured since the U.S. restarted strikes on July 7, and 96% of them have returned to duty.

“The vast majority of injuries experienced were minor concussions,” Sean Parnell posted Monday on X in response to a New York Times report that the Pentagon has withheld information about troop injuries from Iranian strikes. He denied that the Pentagon was hiding data about injuries.

However, the Defense Casualty Analysis System, the military’s clearinghouse for reporting deaths and injuries in conflict, has not been updated as of Monday night with the latest attacks. Yemen rebels threaten attacks on other Mideast waterway Yemen’s Houthi rebels announced a maritime embargo against Saudi Arabia on Monday.

The Houthis, who are backed by Iran, said they would block shipping between the Red Sea and the Gulf of Aden by targeting the Bab el-Mandeb, a maritime chokepoint like the Strait of Hormuz, in response to an attack on Sanaa International Airport last week that they blamed on Saudi Arabia.

With the Strait of Hormuz blocked, Saudi Arabia has been relying on a pipeline to the Red Sea to get millions of barrels of oil out to market. The Houthis earlier demonstrated their ability to disrupt shipping there when they targeted ships for months over the Israel-Hamas war in Gaza, with over 100 vessels attacked.

Saudi Arabia’s military said it would keep the waterway open. “All Houthi threats against transiting vessels will be dealt with swiftly and firmly, as such threats are a blatant violation of international law and fall under acts of maritime piracy,” said Maj.

Gen, Turki al-Malki, a Saudi military spokesman. A glimmer of hope for diplomacy Pakistan has intensified diplomatic efforts in recent days to resuscitate the interim deal. Iranian Interior Minister Eskandar Momeni arrived in Islamabad on Monday for two days of talks with Prime Minister Shehbaz Sharif and others.

On Sunday, U.S. Secretary of State Marco Rubio told reporters that the U.S. is still open to negotiating with Iran but that “it has to be real.” “If the door opens to diplomacy — if the guys that want to do something productive for Iran win and take control of that system, or take control of the negotiations — that’ll be a very positive development,” Rubio said.

“That’s not where we are tonight, unfortunately.” Iranian authorities on Sunday said at least 50 people have been killed and 517 wounded in the latest rounds of U.S. strikes. Since the war began on Feb. 28, 17 U.S. service members have been killed.