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UK diesel prices see biggest monthly drop in 26 years as Iran war fears ease

By

BBC News

2h ago· 2 min readenNews

Summary

Fuel prices in the UK saw significant drops in June 2023, with diesel experiencing its largest monthly fall in 26 years — dropping from 183.75p to 167.14p per litre. Petrol also fell from 159.37p to 151.40p per litre. The price declines follow an Iran war-related spike earlier in the year, when petrol peaked at 159.53p and diesel at 191.54p per litre. Despite the drops, prices remain well above pre-conflict levels of 132p (petrol) and 142p (diesel) per litre.

Source

bskyUK diesel prices see biggest monthly drop in 26 years as Iran war fears easebbc.co.uk

Key quotes

· 3 pulled
The average price of petrol reached an Iran war peak of 159.53p a litre on 28 May, while diesel's highest average price during the conflict was 191.54p a litre on 15 April.
Over the month of June, the RAC said the average price of diesel sank from 183.75p a litre to 167.14p a litre.
The RAC said prices are still much higher than before the conflict began when average petrol prices were 132p a litre and average diesel prices were 142p a litre.
Snippet from the RSS feed
When the US-Israel war with Iran began, fuel costs jumped, but they are now plummeting as hope of lasting peace grows.

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