UK drivers are facing another hit at the pumps, with fuel prices climbing sharply amid ongoing tensions in the Middle East.
According to the RAC, the average price of petrol has reached a two-year high of 147.19p per litre, up 14.4p since the conflict began. This has pushed the cost of filling a typical tank up by £8 to around £81.
Diesel has risen even faster, climbing 29p to 171.17p per litre—its highest level in more than three years—taking the cost of a fill-up to around £94, an increase of £16.
Analysts warn that with oil prices holding above $100 a barrel, motorists are likely to face further increases in the coming weeks, with petrol potentially exceeding 150p per litre and diesel approaching 180p.
The outlook suggests drivers could face the most expensive Easter on the roads since 2022, as higher energy costs continue to filter through.
Trump calls for more oil supply as prices ease
Donald Trump said he wants “as much oil in the system as possible” following disruption in the Strait of Hormuz.
His comments come after the US moved to ease sanctions on Iranian oil shipments, aiming to stabilise global supply.
Oil prices have since pulled back from recent highs, with Brent crude falling from above $114 to as low as $96, and last trading around $101 a barrel, easing pressure on markets.
Donald Trump has said the US and Iran have reached “major points of agreement” following talks over the weekend.
He added that he is likely to speak soon with a senior Iranian official, though not the Supreme Leader, and suggested Tehran is keen to strike a deal.
Trump also indicated that Iran had initiated contact, saying the country wants “very much to make a deal,” raising hopes of a possible diplomatic breakthrough.
