New nightmare for Rachel Reeves as one cost for UK hits 28-year high
- Posted on May 6, 2026
- By Express
- 1 Views
- 1 min read
New nightmare for Rachel Reeves as one cost for UK hits 28-year high
At the centre of the disruption is the effective closure of the Strait of Hormuz, which has hit global supplies of oil and liquefied natural gas and caused energy prices to skyrocket.