Stay up to date with notifications from The Independent Notifications can be managed in browser preferences. All News Sport Culture Lifestyle Ships and tankers in the Strait of Hormuz off the coast of Musandam, Oman, April 18, 2026. (Reuters) Sir Keir Starmer has warned that Britain's economic situation will not "return to normal" even after the Strait of Hormuz reopens. He stated that the UK must pursue a "different course" for its future, rather than reverting to the "status quo" as it did after previous economic shocks like the 2008 financial crash and the Covid pandemic. The Labour leader highlighted that the blockage of the Strait of Hormuz, through which a fifth of global oil flows, has significantly impacted economies worldwide due to the US-Israeli war with Iran. Sir Keir is leading a coalition with President Macron to work towards reopening the Strait of Hormuz, but cautioned that global volatility, including the war in Ukraine, will persist.…