Drivers of one type of car face new £10 charge | | Tech News

Date:

Drivers of one type of car face new £10 charge | | Tech News

Banner Ad

Diesel costs have rocketed by an average of 18p per litre since the onset of the Middle East battle, in response to latest figures. The RAC reported that the average price of the fuel at UK petrol stations on Sunday was 160.3p per litre.

This is in distinction to 142.4p when the US-Israeli offensive in opposition to Iran commenced on February 28. The 13% surge means diesel has reached its priciest degree since November 2023.

Petrol costs have risen 7% over the identical timeframe, climbing from 132.8p per litre to 141.5p per litre. The final time petrol was costlier was August 2024.

Oil costs – which considerably affect the fee of wholesale fuel – have surpassed 100 {dollars} a barrel for the primary time since 2022 on account of Iran’s grip on oil tankers traversing the Strait of Hormuz.

RAC head of coverage Simon Williams mentioned: “Drivers with diesel cars are really feeling the heat. Prices have shot up 18p a litre in just two weeks, adding £10 to the cost of a full tank.

“The average price of filling up a 55-litre household car with diesel is now £88, whereas for petrol it is £78.

“The UK has fewer refineries than ever, and those we do have are more geared towards petrol production than diesel, so we’re reliant on imports, which has contributed to diesel prices rising faster.”

Last week, Chancellor Rachel Reeves advised petrol retailers that they had a “shared obligation” to keep costs down for motorists.

The Petrol Retailers Association (PRA) had threatened to withdraw from the Downing Street assembly with Ms Reeves and Energy Secretary Ed Miliband, alleging that the Government’s “inflammatory language” concerning escalating fuel costs had resulted in abuse in the direction of forecourt employees.

During the Downing Street assembly, Mr Miliband cautioned executives from forecourt operators and firms together with Asda, BP, ExxonMobil and Shell that the Government wouldn’t tolerate “unfair practices” within the industry.

In response to growing issues in regards to the impression of the Middle East disaster on family funds, the Chancellor hosted industry leaders at 11 Downing Street on March 13.


Stay forward of the curve with the newest developments within the automotive world! Our web site is your final vacation spot for car information, delivering complete updates, in-depth market evaluation, and knowledgeable insights into the fast-evolving automotive industry. We deliver you day by day protection on every thing from breakthrough vehicle applied sciences and industry trends to main bulletins which can be driving the longer term of transportation.

Discover how these trends are reworking the highway forward! Visit us repeatedly for participating and informative content material by clicking right here. Our meticulously curated articles cowl market trends, investment methods, and key milestones in immediately’s quickly evolving car panorama.

Clickable Banner
CWP (Crypto Work Pro)
CWP (Crypto Work Pro)https://www.cryptoworkpro.net
Hi, I’m a passionate cryptocurrency enthusiast with 10 years of experience in the world of digital currencies. I’ve always been fascinated by blockchain technology and the potential of decentralized finance (DeFi) to reshape the financial landscape. I share insights, tips, and strategies to help others navigate the fast-paced world of crypto.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Share post:

Popular

More like this
Related

Andy Burnham driveway charge key issue highlighted | Tech News

Andy Burnham driveway charge key issue highlighted | Tech...

Andy Burnham’s new £65 electric cars rule change | Tech News

Andy Burnham’s new £65 electric cars rule change |...

Electric car has incredible range of 543 miles – | Tech News

Electric car has incredible range of 543 miles -...

The MP you’ve never heard of set to target older | Tech News

The MP you've never heard of set to target...

Aldi issues electric vehicle update for 250 UK | Tech News

Aldi issues electric vehicle update for 250 UK |...

UK haulage and freight company plunges into | Tech News

UK haulage and freight company plunges into | Tech...

Thousands affected as one UK region to introduce | Tech News

Thousands affected as one UK region to introduce |...

England’s worst motorway named – plagued by | Tech News

England’s worst motorway named - plagued by | Tech...