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Diesel prices could hit £2 a litre as prices rise again, drivers warned
FairFuelUK says refining shortages and tight supplies could push diesel to 195p to 205p a litre, with more than 40 countries already using price controls or tax cuts.
- FairFuelUK founder Howard Cox warned diesel prices could surge towards £2 a litre as a global refining crunch threatens UK pump prices, with fuel already near 190p.
- Global diesel supplies face pressure from Russian refining capacity down around 30% due to strikes and Persian Gulf throughput disruptions near Hormuz, with refining margins at four-year highs according to the IEA.
- Saul Turner, motoring expert and general manager at National Scrap Car, said forecourt theft reflects mounting pressure on drivers, with a 20% increase and nearly £200,000 worth stolen daily.
- More than 40 countries have introduced fuel tax cuts or subsidies since the Iran crisis began, while the UK holds only around 23 to 26 days of diesel reserve cover.
- Turner recommends motorists fill up early in the week or use supermarket forecourts to reduce fuel costs, though savings from late-night filling are minimal.
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27 Articles
Telegraph & Argus+25 Reposted by 25 other sources
Diesel prices could hit £2 a litre as prices rise again, drivers warned
Diesel prices could rise sharply as refining capacity comes under pressure. Here are the latest warnings and ways drivers can cut fuel costs.
·Bradford, United Kingdom
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Total News Sources27
Leaning Left1Leaning Right0Center25Last UpdatedBias Distribution96% Center
Bias Distribution
- 96% of the sources are Center
96% Center
C 96%
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