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UK Petrol Prices Rise 5p in a Week Amid Middle East Conflict

The average price of unleaded petrol has increased by 5p a litre in the past week, reaching 167.17p, according to the RAC. This rise is attributed to the ongoing US-Israel war with Iran, which has disrupted crude oil supplies.

  • Unleaded petrol prices have risen by 5p a litre in the last week to 167.17p.
  • Diesel prices have also increased by 5p, now costing 188.63p per litre.
  • The price of Brent crude oil has returned to $100 a barrel for the first time since July.

The average price of unleaded petrol has increased by 5p a litre over the past week, with a litre now costing 167.17p, according to the RAC. This marks the largest weekly increase since April.

Diesel prices have also seen a 5p rise, reaching 188.63p per litre. The motoring organisation stated there is "no sign of any relief" for drivers.

Fuel prices have escalated since the US-Israel war with Iran began in late February, with the conflict disrupting crude oil supplies across the Middle East. Brent crude, the global oil benchmark, has returned to $100 a barrel for the first time since July following an escalation of hostilities.

RAC senior policy officer Rod Dennis noted that the 5p per litre increase means the cost of filling a family-sized car has gone up by £2.75 in the last week. He added that wholesale prices are surging due to the average barrel of oil costing $96 over the past week, which is now affecting forecourt prices.

Why this matters: The increase in fuel prices reflects the impact of international conflicts on global oil supplies and, consequently, on consumer costs.

What this means for you: The cost of filling a family-sized car has increased by £2.75 over the past week due to the 5p per litre rise in petrol prices. Drivers are advised to drive efficiently and seek out the cheapest forecourts.

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