Petrol prices in the United Kingdom have risen to levels not seen since late 2022, driven in part by ongoing tensions linked to the conflict involving Iran. Recent data indicate that the average cost for a litre of unleaded petrol has reached 159.97 pence, while diesel prices stand at 178.97 pence per litre. This represents an increase of 9 pence per litre for unleaded petrol since early July, when prices had fallen to 150.59 pence, and a 14.5 pence rise for diesel over the same period.
According to an analysis by the RAC, the current petrol price means it now costs approximately £88 to fill the tank of a typical family-sized vehicle, with diesel filling reaching about £98—roughly £10 more than petrol. Simon Williams, head of policy at the RAC, noted that although wholesale petrol prices have eased slightly in the past week, this has not yet translated into reduced pump prices for consumers. He also cautioned that diesel prices are expected to continue their upward trend in the near term.
The latest price levels mark the highest point since November 29, 2022, when unleaded petrol was last recorded at 160.21 pence per litre. The increase in fuel costs comes amid ongoing geopolitical uncertainty in the Middle East, which has contributed to fluctuations in global oil markets affecting the UK fuel prices.
