Trucking and rail companies say soaring diesel costs, linked to tensions involving Iran, are squeezing an industry they call the backbone of the economy.
German minister accuses energy firms of "exploiting" Middle East tensions as soaring costs become a political flashpoint ahead of elections in eight EU states next year.
BBC Business reports that increased fuel costs, driven by summer travel demand and Middle East-related oil supply disruptions, contributed to a rise in UK inflation.
Federal Energy Minister Sardar Awais Ahmad Khan Leghari credits Power Division decisions for reducing the Fuel Cost Adjustment for August 2026.