- Motorists are being urged to avoid panic buying petrol despite concerns that fuel prices may rise due to the escalating conflict in the Middle East.
- Oil prices have already increased following the regional war, with analysts predicting the impact could reach forecourts within weeks.
- Both the AA and RAC advise against altering refuelling habits, highlighting that higher wholesale costs typically take time to filter through to the pump.
- The AA noted that pump averages are still below where they started the year, and petrol is cheaper than this time last year.
- The Petrol Retailers Association expects pump prices to increase and has called on the Chancellor to abandon planned fuel duty rises to help motorists.
IN FULL
