Episode Details

Diesel prices in the UK have surged, hitting a record high of 179.9 pence per litre, 28.5 pence more than petrol. This is due to the Iran oil crisis, which has caused global oil costs to spike, leading to increased imports of diesel. With 16.2 million diesel vehicles on the road, mostly used by small businesses, this price hike is causing significant financial strain. The government is under pressure to scrap the planned fuel duty hike, as businesses need immediate relief. Despite assurances of stable supplies, high prices are expected to persist if oil remains volatile.

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