Investing.com -- British Prime Minister Keir Starmer said Wednesday that significant work remains to reopen the Strait of Hormuz during a visit to Saudi Arabia.

"We now have a ceasefire, but there's a lot of work to do, as you will appreciate, a lot of work to make sure that that ceasefire becomes permanent and brings about the peace that we all want to see," Starmer told UK and Saudi personnel.

"But also a lot of work to do in relation to the Strait of Hormuz, which has an impact everywhere across the world," he added.