War in Iran 'has put up our fuel bill by £100,000'
Summary
A family haulage company in Bristol reports that the US war with Iran has raised their fuel costs by £100,000. Rising fuel prices are affecting many people and businesses across the UK, leading to higher transport costs and increased home heating bills.Key Facts
- Wrings Transport, a haulage firm in Bristol, has seen fuel costs increase by £100,000 due to the war in Iran.
- Fuel price increases are passed on to customers through a monthly fuel surcharge, common in the haulage industry.
- Petrol prices have risen by 24.7 pence per litre, and diesel by 47.8 pence per litre since February 28.
- Filling a large truck’s tank now costs significantly more; Wrings Transport operates 67 trucks.
- The price of home heating oil in the UK has doubled, affecting about 1.5 million homes that use oil heating.
- Carers and other workers who cannot pass fuel costs to clients are facing higher expenses without extra pay.
- Food and Drink Federation predicts food inflation could reach at least 9% by December due to higher transport costs.
- Some families are turning off boilers and using blankets to save on heating bills due to higher oil prices.
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