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Evening Standard
Evening Standard
Politics
Anna Wise

Releasing diesel stocks a ‘short-term buffer’ but not solution, experts say

Experts said releasing diesel stocks would be a short-term buffer against price rises (Yui Mk/PA) - (PA Archive)

Releasing diesel reserves could be a “short-term buffer” against soaring prices, but it risks limiting protection against future shocks, experts have said as the Government insisted Britain is not facing a shortage.

Average diesel prices reached £2 a litre for the first time in the UK on Friday, RAC figures show, as the war in Iran continues to disrupt the passage of oil tankers through the Strait of Hormuz.

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