UK fuel prices rose about 10p per litre since January 2024, with motorists facing an average £5.50 higher per tank, and calls for CMA to probe regional price differences and retailer margins.
Fuel prices in the UK are up by 10p per litre since January 2024, leading to an average increase of £5.50 per tank.
The surge is being blamed on geopolitical tensions in the Middle East, which cause the underlying price of crude oil to rise.
Britain's competition watchdog, the Competition and Markets Authority (CMA), is meanwhile being urged to investigate what's being called a 'postcode lottery' that sees significant differences in prices at different locations across the UK.
There are also some calls for action on the 'profiteering' of fuel retailers.
The RAC, a membership group for motorists, says there's a need for regulatory actions to address what it described as unfair pricing and high margins by retailers.
Explore Bias
Some media outlets focuses on the impact of Middle East tensions has had on fuel prices, emphasizing geopolitical factors over domestic policy impacts or broader market dynamics.
Others, highlight in more detail the regional disparities in fuel pricing.
In some reports there are stronger calls for government intervention, via the regulator.
Explore More Stories
- "Fuel prices up 10p per litre since start of year" - Evening Standard
- "Petrol prices rise 10p per litre, with ‘pump price gulf’ creating regional inequality" - Auto Express
- "Blow to motorists as cost of fuel rises AGAIN due to tensions in Middle East" - The Sun
- "Fuel prices spiral with 10p a litre hike as drivers demand an end to 'unfair' costs" - GB News
- "Claims of profiteering as average fuel prices rise by 10p since start of the year" - The Telegraph
