- The RAC has warned motorists about impending fuel price increases, as wholesale petrol and diesel costs have reached their highest levels since the Iran war began.
- Wholesale fuel prices jumped by approximately 5p per litre last week, a rise that has not yet been fully passed on to consumers at the pumps.
- As of Tuesday, petrol was priced at 157p and diesel at 188p, with a 5p per litre increase adding around £3.30 to the cost of filling a small to medium-sized car.
- The RAC predicts that if oil and wholesale fuel prices remain elevated in the coming weeks, further price rises at forecourts are "all but inevitable".
- Experts suggest that current oil prices do not fully reflect the tightness of the physical market, and drivers are advised to shop around for the best deals.
IN FULL
