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The average price of unleaded petrol in the United Kingdom has risen to 158.52 pence per litre, the highest level since the onset of the Iran war, according to the RAC, which cautioned that prices could climb further in the coming weeks.
Background
The RAC monitors fuel prices across the UK and provides weekly updates that reflect market trends, tax changes, and geopolitical influences. Historically, major conflicts such as the Iran war have disrupted oil supplies, leading to sustained periods of elevated fuel costs.
What Happened
The latest RAC data shows the average unleaded price reaching 158.52p per litre. This marks a new peak since the beginning of the Iran war, indicating a significant upward movement in the domestic fuel market.
Market & Industry Implications
The rise to 158.52p per litre suggests heightened pressure on motorists and transport‑dependent businesses, as higher fuel costs can increase operating expenses and reduce discretionary spending. The RAC’s warning of possible further increases underscores the risk of continued price volatility.
What to Watch
- Upcoming RAC fuel price reports for the next few weeks.
- Potential policy responses or tax adjustments announced by the UK government.
- Developments in global oil markets that could influence domestic pricing.
