Fuel prices in the United Kingdom are on track to reach £100 per tank once again amid escalating tensions in the Middle East. Over the past two weeks, diesel prices have climbed by approximately 9 pence per litre, translating to nearly £5 more for an average family car’s full tank. Petrol prices have also risen by around 6 pence per litre, adding roughly £3 per tank.

Currently, the cost to fill a vehicle with diesel averages about £95, while petrol stands at approximately £86. With recent developments intensifying the conflict in Iran, experts warn that diesel prices may breach the £100 threshold within days.

The volatility in fuel costs follows renewed fighting in the region after the collapse of a peace agreement. Market concerns have been heightened due to attacks claimed by Iran-backed Houthi militants on two Saudi oil tankers earlier this week. These incidents raise fears over potential disruptions to oil supplies from the Middle East, which remain critical to global energy markets.

An RAC representative commented that, unless hostilities subside promptly, petrol prices are likely to set new highs linked to the ongoing Iran war. The last occurrence of fuel prices reaching £100 per tank was in April, marking the first such spike since 2022, shortly after conflict between the United States and Iran escalated at the end of February.

The rising fuel costs reflect broader geopolitical risks affecting oil markets as tensions persist. Observers continue to monitor developments closely, given the dependence of Western countries on Middle Eastern oil shipments and the potential economic impact of sustained price increases on consumers.