Diesel price hits record 199.18p per litre – RAC

The average price of diesel has reached a record high of 199.18p per litre, passing the previous record of 199.09p per litre, according to the RAC.

Prices have increased by 56.8p per litre, or 39.9%, since the beginning of the Iran war in late February.

Prior to this, the highest-ever diesel price was recorded in June 2022.

The price of petrol now averages 174.13p per litre, up 31.1% or 41.3p per litre since the beginning of the war.

Simon Williams, head of policy at the RAC, said: “The average price of a litre of diesel has now reached the highest level in UK history at 199.18p, in what will be a financial blow to households and businesses that use their vehicles regularly.

“The cost of filling up an average family car is now almost £110, £31 more than it was at the start of the US/Iran conflict.

“By eclipsing the previous highest price of 199.09p seen in June 2022, the diesel price has entered new uncharted territory.

“This spells pain not only at the pumps for drivers, but for everyone who buys goods or services that rely on diesel lorries and vans; undoubtedly these increased costs will be passed on to consumers.