North Sea oil and renewables: The UK’s next PM faces a defining energy policy de

U.K. Prime Minister Keir Starmer's likely successor, Andy Burnham, could face an immediate test in office: whether to expand drilling for North Sea oil or double down on renewables, amid a global energy shock.U.S. President Donald Trump has poured gasoline on the debate, blaming Starmer's resignation this month on his "failed" energy policy.Trump's intervention comes as the Iran war has disrupted oil flows through the critically important Strait of Hormuz, one of the world's most important oil chokepoints.The squeeze in physical supply has intensified the U.K.'s energy security and independence debate, following the shock from Russia's war in Ukraine. Business leaders argue this is why domestic production matters.

But the political divide remains.U.K. finance minister Rachel Reeves is understood to privately back new drilling.But Energy Secretary Ed Miliband, who could be in line to replace Reeves as finance minister under a new government, has argued the focus should instead be on clean energy.Two of the U.K.'s biggest trade unions, Unite the Nation and GMB, are campaigning for drilling, over concerns that preventing it would damage jobs in the sector.Burnham, who is set to becom

Fuente original: CNBC Top News (https://www.cnbc.com/2026/07/01/burnham-north-sea-oil-energy-security.html)