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Channel Islands fuel prices set to rise again

Channel Islands fuel prices set to rise again

Summary

Fuel prices in the Channel Islands are expected to rise soon, with diesel likely to cost over £2 per litre. The increase follows a nearly 30% rise in global fuel prices since the end of August, influenced by ongoing conflict in the Middle East.

Key Facts

  • Global fuel prices have risen nearly 30% since late August.
  • These higher prices are now affecting fuel costs in the Channel Islands.
  • Diesel prices could exceed £2 per litre locally.
  • Fuel supply in the Channel Islands remains secure despite global pressures.
  • In Guernsey, wholesale prices increased by 30p per litre for petrol and 42p per litre for diesel over the past year.
  • Some local businesses urge government action on fuel taxes to reduce impact.
  • Many residents and organizations in the Channel Islands still depend on petrol and diesel vehicles.
  • The Guernsey Voluntary Service plans to continue its transport services despite higher fuel costs.
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