Oil prices are surging near $100 per barrel after renewed US attacks on Iran and Houthi strikes on tankers in the Red Sea, driving up petrol and diesel costs for UK drivers. The average price of petrol in the UK has risen to 155.57p per litre, up from 150.59p on 6 July, while diesel has climbed to 172.14p, according to the RAC. Unless the conflict ends soon, summertime pump prices will continue to sting.
Why Are Oil Prices Rising?
The US launched a dozen consecutive strikes on Iran, ending hopes of a truce that had briefly lowered fuel costs. Meanwhile, Yemen’s Houthi rebels attacked Saudi oil tankers in the Red Sea, disrupting supply routes. Brent crude jumped by $4.50 to $98.88 on Thursday, just shy of the $100 mark not seen in nearly two months. Simon Williams of the RAC warned, “Fuel prices are shooting up like a rocket on the back of oil being above $90.”
Find Bleeding Edge Supplements at Scandalous Prices on iHerb.
Impact on UK Fuel Prices
The average price of petrol has increased by 5p in two and a half weeks, a 3% rise, while diesel surged nearly 8p (5%) in a fortnight. If petrol reaches 160p, it would surpass the previous Iran war high of 159.53p from May. Diesel could hit a shocking 180p if the conflict persists. The RAC expects further increases unless stability returns.
Comparison of Recent UK Fuel Prices
| Fuel Type | Price on 6 July | Current Price | Change |
|---|---|---|---|
| Petrol (p/litre) | 150.59 | 155.57 | +5p (3%) |
| Diesel (p/litre) | ~164.00 | 172.14 | +8p (5%) |
Key Takeaways for Drivers
- Oil above $90 is driving rapid price increases at UK pumps.
- Petrol could exceed 160p, diesel approaches 180p.
- Geopolitical tensions in the Middle East are the primary cause.
- No immediate relief expected unless a ceasefire is reached.
FAQ
What is causing oil prices to rise?
Renewed US airstrikes on Iran and Houthi attacks on tankers in the Red Sea have disrupted supply and pushed Brent crude near $100 per barrel.
How much have UK petrol prices increased?
Petrol rose by about 5p per litre (3%) to 155.57p, and diesel increased by 8p (5%) to 172.14p since early July.
Will fuel prices go higher?
Yes, if oil stays above $90 and conflict continues, petrol could reach 160p and diesel 180p, exceeding previous highs.
In other business news, Google was fined €890m by the EU, EasyJet profits suffered from higher oil costs, and the UK government faced pressure over the 2035 ban on new petrol cars. But the dominant story remains the soaring oil price and its impact on drivers. Stay informed as the situation evolves.
Home Decor Shop
Acacia frida deluxe solid wood bed frame |
Bedroom bench |
Bed chest drawers |
Lingerie dresser |
Frame base |
Mirror with jewelry storage |
30 Bathroom Vanity |
Memory foam queen mattress |
Mattresses for back pain |
Nightstand set of 2 |
Grand Goldman Shop |
Civil Lawyer
Deutschland Trikot WM 2026
