Petrol prices across the UK have now surpassed levels seen during the Iran oil crisis, reaching their highest point since December 2022, new figures show. The average cost of a litre of petrol at British forecourts currently stands at 158.5p, according to the RAC.
This latest surge follows a period of volatility, with prices peaking at 158.3p on 15 April, shortly after the conflict in the Middle East began on 28 February. While the average price saw a slight dip of more than a penny per litre until early May, it has since resumed an upward trajectory.
