Donald Trump’s declaration that the US-Iran ceasefire is effectively over has been described as an “ominous” development for UK petrol prices.
Diesel Prices Fall Nearly 17p a Litre After Oil Price Slide
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.
Petrol Prices Fall as Middle East Peace Hopes Ease Energy Market Fears
UK motorists are beginning to benefit from falling fuel costs as easing tensions in the Middle East drive oil prices sharply lower.
UK Drivers Could See Cheaper Fuel as Oil Prices Slide
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 heads for biggest monthly fall since Iran conflict began
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 markets surge as Trump hints at Iran deal
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.
FTSE 100 slides as rising oil prices weigh on markets
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.
Trump escalates Iran stance, warns he’s “no more Mr Nice Guy”
Oil prices pushed higher on renewed geopolitical tensions, with crude breaching $115 after Donald Trump escalated rhetoric over Iran.
Oil markets have surged to fresh one-month highs
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,
Petrol prices falling slower than wholesale costs, says RAC
Fuel prices at the pump are not declining as quickly as expected despite a recent pullback in oil prices, according to the RAC.
Diesel tops $200 a barrel as Iran conflict drives surge
Europe’s benchmark diesel contract has climbed above $200 a barrel for the first time since Russia’s invasion of Ukraine, as the Iran conflict shows little sign of easing.
Reeves backs North Sea drilling amid cabinet tensions
Chancellor Rachel Reeves has voiced support for new North Sea oil and gas drilling, a stance likely to heighten tensions with Energy Secretary Ed Miliband.