UK petrol prices are expected to climb to their highest level of the year this weekend after renewed US attacks on Iran pushed global oil and fuel markets higher.
UK petrol prices are expected to climb to their highest level of the year this weekend after renewed US attacks on Iran pushed global oil and fuel markets higher.
Oil prices could climb as high as US$160 a barrel, or potentially even further, if disruption around the Strait of Hormuz persists and global inventories continue to fall, according to
UK petrol and diesel prices have started to rise again as higher crude oil prices feed through to wholesale fuel costs.
Donald Trump’s declaration that the US-Iran ceasefire is effectively over has been described as an “ominous” development for UK petrol prices.
UK diesel prices recorded their biggest monthly fall on record in June, according to RAC Fuel Watch data, as lower oil prices fed through to forecourts.
UK motorists are beginning to benefit from falling fuel costs as easing tensions in the Middle East drive oil prices sharply lower.
British motorists may soon benefit from lower petrol and diesel prices after crude oil fell to its lowest level in three months amid hopes of a diplomatic breakthrough between the
Oil prices are heading for their largest monthly decline since the outbreak of the Iran conflict as investors increasingly bet on a diplomatic breakthrough between Washington and Tehran that could
Global stock markets rallied after US President Donald Trump said Washington and Iran were in the “final stages” of negotiations to end the Middle East conflict.
UK equities came under sustained pressure, with the FTSE 100 falling sharply as escalating tensions in the Iran conflict drove a surge in energy prices.
Oil prices pushed higher on renewed geopolitical tensions, with crude breaching $115 after Donald Trump escalated rhetoric over Iran.
Oil prices have risen to a three-week high as of 29 April 2026, supported by escalating tensions in the Middle East and the ongoing blockade of the Strait of Hormuz,