Fuel prices have fallen below 150p a litre for the first time since Vladimir Putin’s invasion of Ukraine.
Due to Western sanctions against Russia, fuel prices rose to record levels of 191.53p per litre in July.
According to the AA, however, the average pump price dropped to 149.74p Monday. Petroleum prices were lowest on February 24, when Russia invaded.
Diesel is now averaging 172.21p per litre. It was 153.05p before the Russian invasion and then a record of 199.07p on July 1.
Luke Bosdet is the spokesperson for the AA on pump prices. He stated: “A 41.8p/litre crash in average pump price petrol is a huge relief to drivers, cutting £22.99 off the cost of filling a typical car tank (55 litres)
“Fuel at 150p per litre is historically still way higher than the April 2012 record price of 142.48p. This was the old yardstick for dire pump prices.