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Brits Fuel Frenzy Amid Iran Conflict

Published 2 days, 4 hours ago
Description

British drivers rushed to gas stations following US-Israel strikes on Iran, causing a surge in fuel spending and a temporary shortage at some Asda stations. Crude oil prices soared, pushing unleaded petrol over £1.50 a litre, the highest in nearly two years. Despite stable supplies, drivers continue to fill up, indicating ongoing concerns. Holiday and travel spending dropped significantly, with many pausing or cancelling bookings. Consumers are cautiously managing discretionary spending on eating out and entertainment.

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