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StatementsFuel prices

Fuel prices hit new Iran war high

Image: Getty - All Rights Reserved
Image: Getty - All Rights Reserved

RAC head of policy Simon Williams said: "Fuel prices hit new Iran War highs on Monday with petrol climbing 169.68p and diesel hitting 191.68p, surpassing Sunday's petrol high of 169.52p and the diesel high of 191.54p set on 15 April. This takes the cost of filling up a 55-litre family car with unleaded to over £93 and diesel to more than £105.

"Both fuels are now at prices last seen in early August 2022, just a few months after the start of the Ukraine War, following price rises of 8p a litre since the start of September. And with oil well over $100 a barrel, there's no end in sight to high pump prices and the pain it brings to drivers who depend on their vehicles. In fact, the average price of diesel may be on the way to overtaking the record high of 199.05p set on 25 June 2022. Petrol, however, is still a long way from its all-time record of 191.53p on 3 July 2022."

 

 

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Diesel tops £2 a litre for first time ever
RAC head of policy Simon Williams said: “This is a pump price threshold that no-one wanted to cross – the average price of a litre of diesel has risen to a record 200.01p and is showing no signs of slowing, heaping more misery onto motorists. The cost of filling up an average family car is now £110, almost £32 more than it was at the start of the US/Iran war. This will be very challenging for households and companies that drive a lot of miles, from commuters, haulage and delivery firms, businesses with large fleets all the way through to sole traders. In a cruel twist, it’s diesel vehicles, which were once considered the most cost-effective option for lengthy journeys, that are now burning a hole in people's pockets.
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Price of diesel reaches record high
RAC head of policy Simon Williams said: "The average price of a litre of diesel has now reached the highest level in UK history at 199.18p, in what will be a financial blow to households and businesses that use their vehicles regularly. The cost of filling up an average family car is now almost £110, £31 more than it was at the start of the US/Iran conflict. By eclipsing the previous highest price of 199.09p seen in June 2022, the diesel price has entered new uncharted territory. This spells pain not only at the pumps for drivers, but for everyone who buys goods or services that rely on diesel lorries and vans; undoubtedly these increased costs will be passed on to consumers.
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Diesel teeters on brink of all-time high
RAC head of policy Simon Williams said: "The average price of diesel is teetering on the brink of a new all-time high at 198.32p, taking the cost of a 55-litre fill-up for a family car to £109.
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