UK PM Starmer says the fuel duty will remain where it is until September

Starmer's statement about maintaining the fuel duty until September indicates a stable fiscal policy during a time of potential economic strain. This move could provide some relief for consumers and businesses, potentially easing inflationary pressures in the short term; however, it may also limit the government's flexibility to respond to future economic challenges. Additionally, his readiness to assume leadership in reopening the Hormuz Strait underscores a commitment to energy security, which could affect global oil prices and related markets.