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Price of a full tank of diesel exceeds £100, RAC finds

The price of petrol now averages 161.47p per litre, the highest figure seen so far during the war.

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The RAC found that the price of a full tank of diesel on a car with a 55-litre tank has once again exceeded £100, for the first time since early June.

As of today, diesel prices in the UK average 181.45p per litre, up 10% since its Iran War low of 164.5p on 9th July.

The price of petrol now averages 161.47p per litre, the highest figure seen so far during the war.

Prices are up 7% since the Iran War low of 150.72p per litre, from 6th July.

Both petrol and diesel prices have risen steadily since tensions rose again last month.

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A full tank of petrol on a car with a 55-litre tank now averages £89.

Simon Williams, head of policy at the RAC, said: “The average price of a litre of petrol rose to a new Iran War high of 161.5p on Wednesday having now shot up by 11p (10.88p) since its 6 July low, an increase of 7%.

“Diesel has gone up by a frightening 17p (16.93p) a litre to 181.5p – a rise of 10% – since a conflict low point of 164.5p on 9 July. 

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“This means the cost of a full tank of diesel for a 55-litre family car is once again at £100, something drivers haven’t had to endure since early June, while the petrol equivalent is £89, the highest it’s been since the war in the Middle East began on 28 February.

“But with the price of crude oil falling to just below $80 on Tuesday there is hope on the horizon for drivers on the back of news of supply disruptions in the Strait of Hormuz potentially being eased.

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“Daily price rises should come to a halt and reductions should start to appear, providing the cost of a barrel stays around this level.”

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