Petrol prices rise by 5p over a week as Iran war sends oil higher
Summary
The price of unleaded petrol in the UK has increased by 5 pence per litre in one week, reaching 167.17 pence per litre. This rise is linked to conflict involving the US, Israel, and Iran, which has disrupted oil supplies and pushed global oil prices higher.Key Facts
- Unleaded petrol prices rose by 5p per litre in one week.
- Average petrol price is now 167.17p per litre; diesel also rose to 188.63p per litre.
- The rise is connected to fighting in the Middle East involving the US, Israel, and Iran.
- Brent crude oil price returned to $100 a barrel due to the conflict.
- US forces attacked Iranian tankers after Iran targeted a US warship.
- Iran-backed Houthi forces also attacked Saudi oil facilities.
- High oil prices increase the wholesale fuel cost, leading to higher prices at petrol stations.
- Drivers face higher costs when filling their cars, with no immediate relief expected.
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