UK diesel price hits record high of £2 a litre

The average price of diesel in the UK has reached a record high of £2 a litre, causing financial strain for motorists and small businesses. This sharp increase is largely due to the ongoing US-Israel war on Iran, which has disrupted oil supplies from the Gulf, leading to higher costs across the economy. As a result, many people are feeling the pinch, with some even saying that filling up their car takes up half their daily pay.

Why it matters

The Iran war is driving up the cost of oil worldwide. This increase in oil prices is affecting motorists and small businesses who are struggling with the high costs of fuel.

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