Rachel Reeves hits out at Donald Trump Iran war 'folly' hitting UK families

EXCLUSIVE: Rachel Reeves hits out at Donald Trump Iran war 'folly' hitting UK familiesIn an interview with The Mirror, the Chancellor Rachel Reeves said she was 'very frustrated and angry' at America's actions as families across Britain suffer the consequencesCommentsNewsAshley Cowburn Deputy Political Editor10:05, 14 Apr 2026Reeves ‘angry and frustrated’ that Trump has no exit plan in Iran warRachel Reeves has hit out at Donald Trump's US over the economic fallout of the Iran war - saying it was a "folly" to have no clear exit plan.In an interview with The Mirror, the Chancellor said she was "very frustrated and angry" at America's actions as families across Britain suffer the consequences. Gas prices have risen sharply due to the closure of the Strait of Hormuz, through which 20% of the world’s oil was transported before the decision of the US and Israel to attack Iran.One prominent think-tank - the Resolution Foundation - has warned the average UK household could be £480 worse off over the current financial year than if the conflict had not happened. Ms Reeves said she did not recognise the figure - but insisted the government will keep a "close eye" on gas and electricity prices.She told The Mirror: "This is a war that we did not start. It was a war that we did not want. I feel very frustrated and angry that the US went into this war without a clear exit plan, without a clear idea of what they were trying to achieve.""And as a result the Strait of Hormuz is now blocked," the Chancellor added. "We are hosting a conference this week with President Macron of France on how to secure passage through the Strait of Hormuz.READ MORE: Ex-Nato boss warns Britain's security 'in peril' in searing warning to Keir StarmerREAD MORE: Keir Starmer sends urgent warning to Israel over Lebanon strikes as pressure mountsView 2 ImagesRachel Reeves says she feels 'very frustra...