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UK diesel prices hit record high amid global supply tensions
Diesel prices in the United Kingdom have reached a historic high, with the national average hitting 199.18p per litre. This surge, which surpasses the previous record set in June 2022, is attributed to supply disruptions caused by the conflict between the US, Israel, and Iran, as well as the war in Ukraine. The RAC reports that filling an average family car with diesel now costs approximately £110, a £31 increase since the start of the US-Iran conflict.
In response to dwindling diesel reserves, which have fallen to roughly 42 days of cover, the UK government is reviewing its National Emergency Plan for Fuel. Contingency measures under the Energy Act 1976 include prioritizing emergency services and public transport for fuel access and potentially reducing the national speed limit to 50 mph to conserve supplies.
Adding to the volatility, US President Donald Trump has threatened to ban diesel exports to prioritize domestic prices, a move that could further exacerbate shortages for net importers like the UK. Chancellor John Healey has confirmed that the government is in discussions with US authorities and is preparing for potential supply disruptions.
Entities
Department for Energy Security & Net Zero · Department for Energy Security and Net Zero · Donald Trump · Emma Reynolds · Federation of Small Businesses · Iran · John Healey · RAC · Simon Williams · United Kingdom · United States
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 7 SOURCES] The conflict in the Middle East and reduced Russian diesel exports due to Ukrainian drone strikes are driving fuel price increases. fjala.al · www.share-talk.com · arynews.tv · www.upday.com · news.stv.tv · +1 more
- [● 8 SOURCES] The previous diesel price record was 199.09p per litre in June 2022. www.dunmowbroadcast.co.uk · fjala.al · www.ogunhaber.com · www.share-talk.com · www.bude-today.co.uk · +2 more
- [○ 1 SOURCE] The UK holds 42 days of diesel in reserve.
- [● 17 SOURCES] The cost of filling an average family car with diesel is now approximately £110. www.dunmowbroadcast.co.uk · fjala.al · www.ogunhaber.com · www.share-talk.com · www.bude-today.co.uk · +11 more
- [● 6 SOURCES] Diesel prices have increased by 56.8p per litre since the start of the US-Iran conflict on February 28. fjala.al · www.share-talk.com · www.gbnews.com · www.independent.co.uk · www.upday.com · +1 more
- [● 17 SOURCES] The average price of diesel in the UK reached a record high of 199.18p per litre. www.dunmowbroadcast.co.uk · fjala.al · www.ogunhaber.com · www.share-talk.com · www.bude-today.co.uk · +11 more
- [● 10 SOURCES] Unleaded petrol prices have reached an average of 174.13p per litre. fjala.al · www.ogunhaber.com · www.bude-today.co.uk · www.share-talk.com · forecourttrader.co.uk · +5 more
- [● 5 SOURCES] Chancellor John Healey will announce decisions regarding fuel duty in the October 28 Budget. forecourttrader.co.uk · www.independent.co.uk · www.holsworthy-today.co.uk · ghananewss.com · english.alsiasi.com
- [● 10 SOURCES] Diesel prices have risen by 56.8p per litre since the start of the US-Iran conflict on February 28. fjala.al · www.share-talk.com · www.gbnews.com · www.mediafax.ro · www.upday.com · +4 more
- [● 14 SOURCES] Filling an average family car with diesel now costs approximately £110. www.dunmowbroadcast.co.uk · fjala.al · www.share-talk.com · www.ogunhaber.com · arynews.tv · +8 more
- [● 6 SOURCES] The average price of unleaded petrol is 174.13p per litre. fjala.al · www.ogunhaber.com · www.holsworthy-today.co.uk · www.share-talk.com · www.strettoweb.com · +1 more
- [○ 1 SOURCE] The UK holds approximately 42 days of diesel in reserve.