UK diesel price hits £2 a litre for first time, RAC says
Summary
The average price of diesel in the UK has reached over £2 per litre for the first time, driven by supply problems linked to the war in Iran and attacks on Russian oil facilities. US President Donald Trump is considering banning US diesel exports to keep fuel prices lower in the US, but this could cause prices in Europe, including the UK, to rise further.Key Facts
- Diesel price in the UK hit an average of 200.01p (£2.00) per litre for the first time.
- Petrol prices in the UK also rose, reaching 174.71p per litre on average.
- The Iran war has disrupted oil production and transport, raising fuel prices worldwide.
- Ukrainian attacks have limited Russian refining capacity, reducing diesel supply globally.
- President Trump is thinking about banning diesel exports from the US to help American drivers before November elections.
- The UK imports almost half of its diesel, with about 31% coming from the US and over a third from Belgium and the Netherlands.
- UK government says the fuel supply is stable but prices may continue to rise.
- Filling an average diesel car now costs £110, up nearly £32 since February; petrol cars now cost £96.09, up £23.03.
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