The Endless Oil Price Rollercoaster: A Tale of War, Volatility, and Broken Promises The recent surge in petrol and diesel prices has sent shockwaves across the UK, bringing back memories of the record highs of 2022.
As of now, the average price of a litre of petrol stands at 169. 68p, while diesel has risen to an eye watering 191. 68p. Filling up a family car now costs over £105 for diesel and more than £93 for unleaded.
The ongoing US Israel conflict with Iran is often cited as the primary cause of this price hike. However, it's not just a matter of disrupted oil supplies.