- Average UK forecourt prices reached 170.54p per litre for petrol and 192.86p for diesel on Tuesday, marking the highest levels since August and July 2022 respectively.
- The cost of filling a family car has risen by nearly £5 since the start of September, taking a full tank to £94 for petrol and £106 for diesel.
- Oil prices have surged past 100 dollars a barrel following fresh military strikes and escalating conflict involving US, Iranian, and Houthi forces in the Middle East.
- The RAC warned that fuel prices are set to rise further and urged the Chancellor to maintain the current fuel duty freeze to support dependent households.
- Market analysts noted that escalating Middle East tension and potential supply shortages ahead of colder weather are heightening wider inflationary concerns.
IN FULL
Petrol and diesel prices at highest level in four years, new data shows