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Starmer Warns US-Israel Conflict Could Spike Oil Prices

3/11/2026

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Starmer Warns Crisis
  • UK Prime Minister Keir Starmer warned the US-Israeli conflict with Iran could harm households and businesses.
  • He said the government is prepared to mitigate risks from the crisis.
  • Oil prices have risen above $100 per barrel due to the crisis.
  • U.S. President Donald Trump said easing sanctions on Russian oil might be considered after a call with Russian President Vladimir Putin.
  • Iran's new Supreme Leader Mojtaba Khamenei has rallied support.
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