Fuel Price Drop May Be Short-Lived as Oil Surges on Middle East Tensions
Oil prices set to drop as global economic slowdown looms ‘weakest since 2011’
Analysts expect oil prices to drop significantly soon due to concerns about China’s demand.
The AA warns that abolishing the 5p fuel duty could lead to permanently high prices.
The AA has warned that eliminating the 5p fuel duty cut in the Budget could lead to “perma-high” petrol prices for drivers in the coming years.