Victoria Craig

Could the U.S.

fill some of this global need that's caused by the Strait of Hormuz closure longer term?

Lots of problems still ahead.

Stephanie Finley, our correspondent in Houston.

Thanks so much for your time.

Thank you.

Local elections in the UK this week could spark a seismic shift in British politics.

Polls are predicting heavy losses for the ruling Labour Party in what some have dubbed Starmageddon.

Prime Minister Keir Starmer came to power less than two years ago in a landslide general election.

But he's facing turmoil in the wake of his appointment of Peter Mandelson as Britain's U.S.

ambassador and the fallout of Mandelson's association with convicted sex offender Jeffrey Epstein.

Lucy Fisher is the FT's Whitehall editor and hosts our Political Fix podcast.

So who better than her to join me now to talk about what we can expect when voters head to the ballot box on Thursday.

Hi, Lucy.

Hi, Victoria.

All right.

So first, let's just talk numbers here.

How bad are the predicted losses for labor?

And you and your team have been out talking to voters across the UK ahead of these elections.

Where is the outrage directed at Starmer coming from?