Price of diesel on UK forecourts reaches all-time high

The price of diesel on UK forecourts has reached an all-time high average of 199.18p a litre. This record-breaking cost is largely due to the ongoing conflict in the Middle East, which is disrupting global oil supplies. As a result, motorists in the UK are facing significantly higher fuel bills, with prices potentially exceeding £2 per litre in the near future. This sharp increase in fuel costs is likely to have a ripple effect on the economy, impacting consumer spending and inflation.

Why it matters

The Iran conflict is driving up the cost of diesel for motorists. The record average cost is now at 199.

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