As the Ukrainian conflict carries on, the rising cost of living has only been made worse by the surge in fuel prices.
In fact, fuel prices have reached a record high with the average price for unleaded in the UK hitting 165.40p per litre, according to the latest figures from the RAC Foundation. Data also shows that diesel prices have risen sharply, shooting up to 176.76p per litre on Thursday (March 17).
While the government is blaming the Ukrainian conflict for disrupting the regular flow of oil, thus surging fuel prices at the pump, the cost has generally been rising over the last few years - bar a dip in pump prices at the start of national lockdown. Over the past 12 months, the price of oil production has grown by a hefty 60 per cent.
