Petrol reaches highest price since 2022 as Iran conflict continues
Filling an average family-sized car with unleaded now costs £88.
Petrol has reached its highest point of the Iran war as the conflict continues to roll on.
RAC analysis shows that the cost of a litre of unleaded has now reached 159.97p, while diesel stands at 178.97p. It represents a 9p increase since falling to a low of 150.59p on July 6, while diesel has increased by 14.5p since its previous low point on July 9.
It now means that filling an average-sized family car with unleaded will cost £88, with a diesel-powered car of the same size coming in at £98.
Simon Williams, RAC head of policy, said: “In very unwelcome news for drivers the average price of petrol has hit a new Iran War high of 160p-a-litre having increased more than 9p (9.38p) since falling to a low of 150.59p on 6 July. Diesel has now shot up 14.5p since its low point on 9 July to 179p but fortunately is still 12.5p below its conflict high of 191.54p on 15 April.
“This means the cost of filling a family-sized car with unleaded has gone up to £88 while a tank of diesel is £10 more. The wholesale price of petrol eased very slightly this week but is not enough to make a difference at the pumps. Diesel looks set to keep on rising and is likely to reach 185p a litre in the next few weeks, barring any major oil price reduction.”
The increases now mean that petrol prices stand at their highest point since November 29, 2022, when a litre of unleaded stood at 160.21p.