UK diesel price hits record high of £2 a litre
Motorists and small businesses struggle with costs as Iran war drives up cost of oil worldwide ‘Half my day’s pay goes to filling up my car’ Business live – latest updates British
By The Guardian
UK diesel prices have reached a new record average of £2 a litre, with the RAC saying the figure stood at 200.01p on Friday. The rise has added pressure to motorists and small businesses as fuel costs continue to climb.
The Guardian reported that diesel prices at UK forecourts have risen sharply since late February, when the US-Israel war on Iran began disrupting supplies of crude and refined oil products from the Gulf. That disruption has pushed up costs across the economy.
The RAC said the average cost of filling an average family car is now about £110, nearly £32 more than before the Iran war began. The motoring group linked the increase to tighter global supplies and higher oil prices.
The article says the latest surge has left diesel at an unprecedented level on UK forecourts, with some outlets already charging above the average. It also notes that the fuel market has been under pressure for months since the conflict escalated.
For Cheshire drivers and businesses, the practical effect is higher day-to-day running costs at the pump, with no immediate easing reported in the source story.