Fri, 02 Oct 2026
The rise in global oil prices has been pushing up the pump prices of petrol and diesel in the UK.
* The price rise has been attributed to global events such as the Iran war and Ukrainian attacks on Russian refineries, which have disrupted oil production and transportation.
* Petrol prices are also rising, reaching 174.71p per litre on average.
* The RAC motoring group warns that the price rises will be a "huge burden" for households and businesses that rely heavily on diesel vehicles.
* G7 nations have agreed to release 100 million barrels of oil to stabilize global markets.
* UK government ministers insist there is no cause for concern about potential diesel shortages, citing the country's diverse fuel supply.
* The rising cost of diesel has already had a significant impact on consumers and businesses, with some saying it's making their lives "increasingly difficult".
* Experts warn that further price increases could have severe consequences for the economy.
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