UK Diesel Price Hits All-Time High, Says RAC
BBC News
In Summary
- Diesel prices have reached an unprecedented high of 199.18p per litre in the UK, according to the RAC.
- The war in the Middle East has disrupted oil production and transportation, causing fuel costs to surge.
- Diesel prices have risen by almost 40% since February due to the conflict with Iran.
- Filling an average family car with diesel now costs £110, a £31 increase since the start of the conflict.
- The RAC warns that these record prices will impact businesses and consumers alike.
Key Points
- Record High: Diesel price hits 199.18p per litre, surpassing the previous record set in June 2022.
- Global Impact: The Iran war has severely disrupted oil supplies, causing global fuel prices to rise.
- Increased Costs: Drivers and businesses face higher costs due to the increased diesel prices.
- Limited Supply: Diesel is harder to refine than gasoline, and supply has been further limited by export bans and attacks on refineries.
- Reliance on Imports: The UK relies heavily on imported diesel, with four refineries not producing enough to meet demand.