Drivers facing extra £27 charge after ’40 | Tech News
Drivers of sure autos are actually forking out an extra £27 in comparison with simply 40 days in the past. That is the stark determine highlighted by the RAC on Friday morning, because it revealed its newest breakdown of petrol and diesel prices throughout the UK.
Motorists entered 2026 in a comparatively comfy place, with fuel costs sitting at pretty cheap and secure ranges, hovering across the 130p per litre mark for petrol and 140p for diesel. However, that stability was dropped at an abrupt finish in late February when the US and Israel commenced strikes in opposition to Iran.
Since then, oil costs have surged as a very important transport lane — the Strait of Hormuz — has confronted extreme restrictions. Prices eased barely this week following affirmation of a 14-day ceasefire, however the fragility of the settlement has pushed prices back up in current days, leaving drivers with little signal of speedy reduction.
Speaking on Friday morning, RAC head of coverage Simon Williams stated: “The average prices of both petrol and diesel have now increased every day for the last 40 days. For diesel this is a new record for consecutive daily prices rises since 2015 and for petrol it matches the run of rises seen at the end of June 2022.
“A full tank of diesel for a 55-litre household car is now £105.22, up £27 because the finish of February. The price for a comparable petrol car is now £87, £14 more than it was earlier than the battle started.”
Nevertheless, Mr Williams suggested there was a glimmer of hope that price hikes had ground to a halt in the wake of the ceasefire.
He added: “More positively, as we predicted earlier this week, the speed of price will increase has slowed on account of oil falling back under $100 for the final two days.
“This has reduced wholesale costs, which should, if sustained, lead to the price of petrol coming down.
“So, as issues stand, we actually should not see unleaded rise any additional for the time being and the report diesel price of 199p now should not be surpassed.”
Motorists are prone to witness the so-called ‘rocket and feather’ impact in full power, whereby retailers are swift to go on wholesale price will increase, but significantly slower to replicate any reductions on the pumps.
Fuel is especially inclined to this phenomenon. Despite this, the Government has pledged to keep a watchful eye on fuel retailers to make sure that drivers are receiving a truthful deal when filling up.
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