Diesel prices expected to hit US/Iran war high within days, RAC warns

Image: Getty. All rights reserved
Image: Getty. All rights reserved

Following a further increase in the cost of a barrel of oil amid renewed tensions in the Middle East, including in Yemen, RAC senior policy officer Rod Dennis said:

"With oil leaping another $6 overnight to nearly $108, wholesale fuel prices – especially for diesel – continue their upward march. Average UK prices now stand at 168.46p for petrol and 190.08p for diesel, and we expect diesel prices to hit a new US/Iran war high within days. Both fuels have increased by 7p since just the start of the month, adding £3.85 to the cost of filling a typical family-sized car, heaping more pressure on household budgets.

“The data shows it still pays to shop around. Supermarkets are currently 4p cheaper on average, at around 164p for petrol and 186p for diesel, while some independent forecourts are charging less than 158p for a litre of petrol. Free apps such as myRAC allow drivers to find the cheapest fuel, wherever they are."

Check RAC Fuel Watch for more data and analysis

 

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The RAC Media Centre provides journalists and news outlets with the latest motoring-related news, comment, data and research.

About the RAC

The RAC is an iconic British driving services brand and has been championing drivers since 1897. Today it is one of the UK’s most trusted names, providing complete peace of mind ® to over 15 million drivers across breakdown cover, insurance, and mobile servicing and repairs.

Its nationwide patrol force attends more than two million breakdowns every year, while its position as the UK’s leading independent insurance broker helps motorists find the right cover with confidence. The RAC has also reshaped the service, maintenance and repair market with its Mobile Mechanics, who carry out servicing and repairs at drivers’ homes or workplaces.

Committed to innovation, the RAC is fully electric ready with mobile EV charging technology for stranded drivers, and a suite of digital and data‑led solutions that make motoring easier and more affordable for consumers and fleets. These services come together in myRAC – the all‑in‑one app for vehicle maintenance, cheaper fuel finding and breakdown assistance.

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