UK diesel prices see biggest monthly drop in 26 years as Iran war fears ease
By
BBC News
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
Key quotes
· 3 pulledThe 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.
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