Diesel Prices Surge Faster Than Petrol Amid Iran Tensions
Diesel drivers are feeling the squeeze as prices jump faster than petrol, with a sharp 6p per litre hike hitting forecourts. Filling up a typical 55-litre family car now costs £2 more for petrol but a whopping £3.30 extra for diesel users.
Industry experts warn this painful rise is just the start. “Brent crude jumped to $85 on Thursday, a level not seen since July 2024,” said a market analyst. “If prices hold or climb higher, more pump price hikes are inevitable.”
Oil Prices Set to Shatter Records
The surge follows stark warnings from Qatar’s energy minister, who reckons oil could blast past $150 a barrel — more than double pre-crisis levels. Such a spike threatens to spark a global energy crisis, battering UK drivers at the pumps.
Ali Kaabi told the Financial Times: “There will be shortages of some products and a chain reaction of factories that cannot supply.”
Forecourts Poised for Record-Breaking Pump Prices
- Highest UK petrol price: 191.5p per litre (July 2022)
- Highest UK diesel price: 199p per litre (July 2022)
- Current prices sit 55p (petrol) and 50p (diesel) below these records
With Brent crude possibly hitting $100 a barrel, think tank Energy and Climate Intelligence Unit warns petrol prices could soar to 150p per litre — with diesel soon to follow.
No Need to Panic Buy — But Prepare for Pain at the Pumps
The AA urges calm, saying there’s no rush to fill up yet despite the price turmoil. But with the Iran conflict dragging on, motorists should brace for a costly ride ahead.
As prices climb, families are advised to adopt fuel-saving tips and plan trips wisely to ease the growing strain on household budgets.