UK diesel price hits record £2 a litre as Iran war pushes up global oil costs
Motorists and small businesses are straining under rising fuel costs after the US-Israel war on Iran disrupted Gulf oil supplies starting in late February, The Guardian reports.
Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.
The average price of diesel at UK forecourts has climbed to a record £2 a litre, adding fresh pressure on motorists and small businesses, according to The Guardian.
The increase has been building since late February, when the US-Israel war on Iran began disrupting supplies of crude and refined oil products from the Gulf, driving up costs across the broader economy.
Pressure on households
The Guardian's report cites one motorist saying that half of a day's pay now goes toward filling up a car, illustrating the squeeze facing drivers dependent on diesel vehicles.
The report did not specify how long the price increases are expected to persist or detail any government response aimed at easing the burden on consumers and small businesses.
Sources
- UK diesel price hits record high of £2 a litre — The Guardian — World
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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