UK diesel prices soar to record high at nearly £2 a litre. Here’s why

• Average UK diesel prices reached a record high of 199.18p per litre on Monday, surpassing the previous record set in June 2022.
• The cost to fill an average family car with diesel has risen to almost £110, representing a £31 increase since the start of the US-Iran war in February.
• Global supply disruptions, including Ukrainian drone strikes on Russian refineries and Iran's blockade of the Strait of Hormuz, have driven up wholesale fuel costs.
• RAC head of policy Simon Williams warned that the price surge will deliver a financial blow to households and inevitably push up the cost of everyday goods.
• Unleaded petrol prices have also climbed significantly in recent weeks, reaching an average of 174.13p per litre.

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