UK Petrol Prices Hit Highest Level Since 2022
AI Summary
UK petrol prices have surged to their highest since 2022, hitting 159.43p per litre following renewed US strikes related to the Iran war. Diesel prices have decreased slightly but remain elevated compared to prior months amid ongoing regional tensions.
Petrol prices in the UK have hit a new high since the Iran war began, as the price of oil jumped back up to $100 per barrel following fresh US strikes. The average price of a litre of petrol is now 159.43p in the UK, according to motoring services firm the RAC. This petrol price is the highest since December 2022, and 26.6p more expensive than on February 28, the day the US and Israel first launched strikes on Iran. Diesel prices, however, remain below their mid-April peak at 184.96p per litre, 6.58p lower than on April 15. Chancellor extends…