UK Foreign Secretary Ed Miliband has said reopening the Strait of Hormuz is "essential" to easing cost-of-living pressures in Britain, after holding his first substantive bilateral meeting with US Secretary of State Marco Rubio at the State Department in Washington on Wednesday.
Miliband said afterwards that the pair had discussed "the vital importance of reopening the Strait of Hormuz", describing it as the British government's "number one priority" and arguing that restoring commercial shipping through the waterway would relieve pressure on household bills at home.
The meeting came as the United States, Iran and Oman moved closer to an interim agreement to reopen the strait, which has been effectively closed to commercial traffic since US and Israeli strikes on Iran on 28 February triggered a war that has since collapsed into a fight over the world's most important oil chokepoint. Around a fifth of global seaborne oil trade passed through it before the conflict.
Two regional officials told the Associated Press that Iranian and Omani negotiators had finalised a draft deal and were awaiting approval from Iran's supreme leader. Under the plan, the median shipping lane would be cleared and used for inbound and outbound traffic, with a permanent arrangement to be negotiated later. US Treasury Secretary Scott Bessent told CNBC there was "a chance we may have a deal today or tomorrow". Rubio said talks had progressed "but not finality yet". President Donald Trump, asked on Tuesday whether an announcement was imminent, said: "It could happen. Tomorrow or the next day."
The State Department's readout of the Rubio–Miliband meeting was notably narrower than the British framing. It said the two "reiterated their shared commitment to safe transit in the Strait of Hormuz and ensuring Iran never develops or obtains a nuclear weapon", and that they had discussed "the importance of Europe taking on a greater role in its own security". Rubio wrote on X that the pair had discussed "the need for Europe to take a greater role in its own security".
A British official said the two also reaffirmed the strength of the relationship, including a shared commitment to Nato. Miliband had planned to tell Rubio that Ukraine's security was inseparable from European and transatlantic security, and to restate Britain's commitment to Kyiv "for as long as it takes". Rubio told reporters beforehand that Ukraine would be on the agenda.
The cost-of-living argument is central to the new government's case. Motor fuels contributed 0.6 percentage points to June's 2.6% inflation rate, according to the House of Commons Library, and the Bank of England warned in April that energy-market disruption could push inflation as high as 6% in a worst-case scenario. The Resolution Foundation has estimated that a sustained return to peak prices would cost UK households an extra £11bn on fuel and energy this year.
"We are looking forward to our meeting."
That was Miliband's only response when asked, during a photo call, whether he still regarded Trump as a "racist" — a reference to remarks he made after the 2016 US election, when he called Trump a "racist, misogynistic self-confessed groper". The US ambassador to London, Warren Stephens, said last month that Miliband had been "wrong" but that "hopefully his views have changed".
The Royal Navy has been lined up for a leading role in a proposed multinational coalition to reopen the strait, bringing mine countermeasures expertise the US Navy currently lacks. A previous reopening, agreed in a US–Iran memorandum signed on 17 June, collapsed within weeks as attacks on shipping resumed.
Violence continued on Wednesday, with Houthi spokesman Brig Gen Yahya Saree claiming, without evidence, that the group had fired ballistic missiles at a Saudi oil tanker, the Wafa, off Yanbu. Brent crude slipped 1.2% to $78.43 in early trading. Miliband, who is Britain's governor on the World Bank board, was also due to meet its president, Ajay Banga.
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