- Drivers in the UK are being warned to expect an increase in fuel prices following the conflict in the Middle East, with the AA stating prices will "inevitably increase".
- The conflict has caused disruption to tanker traffic, leading to a significant rise in oil prices, with Brent crude oil soaring by as much as 13 per cent to over 82 US dollars a barrel.
- The AA predicts petrol prices could return to levels seen at the start of 2026, when a litre averaged 135.7p, compared to 131.9p last month.
- The RAC suggests that while a rise is possible, it's not a certainty, and oil prices would need to rise significantly and remain high to have a dramatic effect, potentially pushing petrol to 150p per litre if oil hits 100 dollars per barrel.
- The government is monitoring the situation, stating the UK benefits from strong and diverse energy supplies and there are currently no reported impacts to UK fuel supply.
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