Oil: Trade

(asked on 10th April 2026) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what steps his Department has taken to mitigate the the risk of disruption to global oil trade routes in the last three years.


Answered by
Martin McCluskey Portrait
Martin McCluskey
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 20th April 2026

As a member of the International Energy Agency (IEA), the UK holds emergency oil stocks of 90 days of net imports. The UK’s participation in the co-ordinated IEA release of 400 million barrels of oil stocks in response to the Middle-east conflict is a sensible and measured step to support global oil market stability.

The Secretary of State is in regular and close contact with key international partners, to ensure a coordinated international response and functioning markets

The Government is driving further and faster for clean homegrown power that we control to protect the British people and bring down bills for good.

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