Diesel Prices Soaring in UK, Chancellor Reviews Fuel Duty

On March 24th, drivers in the UK are bracing for diesel prices to hit 180 pp per liter

by next week thanks to escalating tensions.

In the Middle East, the average diesel price stands at 173.83 pp per liter right now of

3 pp from yesterday and over.

30 pp higher since late February.

Petrol has climbed too, now at 148.55 pp per liter.

That means filling a family car with diesel could cost close to 100 pp soon, while a petrol

tank might run 82 pp 50.

Motors are feeling the pinch as global oil supplies tighten after Iran closed the straight

of formuse, a key route for one-fifth of the world oil.

Chancellor Rachel Reeves has put the plan fuel duty rise in September under review, but

won't commit to scrapping it.

She's pushing a fuel finder app to help driver spot cheaper pumps and supports tying

into existing North Sea fields rather than new drilling.

Oil markets remain volatile with wild swings and bring crude prices, and opposition leaders

are calling for homegrown energy boosts to ease the pressure ahead.