"The price gap between diesel and petrol has reached its highest point since at least 2003, with diesel averaging 179.9p per litre, significantly more than petrol at 151.4p. This disparity is largely due to UK refineries prioritizing petrol production and a growing dependence on imported diesel, which has been exacerbated by the ongoing oil crisis linked to Iran."
"Global oil prices have soared as tensions in the Strait of Hormuz have tightened, leading to increased wholesale fuel costs. The RAC Foundation has warned that this is the biggest price disparity seen in the UK since at least 2003, affecting approximately 16.2 million diesel vehicles licensed in the country."
The price disparity between diesel and petrol in the UK has hit a record high, with diesel averaging 179.9p per litre, 28.5p more than petrol at 151.4p. This widening gap is attributed to UK refineries prioritizing petrol and increased reliance on imported diesel. Global oil prices have surged due to tensions in the Strait of Hormuz, impacting wholesale fuel costs. The RAC Foundation noted that this is the largest price difference since at least 2003, affecting millions of diesel vehicles in the UK.
Read at www.independent.co.uk
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