Episode Details

UK drivers face soaring fuel costs due to the US-Israel war with Iran, with petrol and diesel prices surging to over £1.58 and £1.91 per litre respectively. Despite a temporary ceasefire, oil prices remain high, with retailers denying price gouging. Households using heating oil are also affected, with the government providing £53 million in support. The Strait of Hormuz remains a concern, as Irans temporary reopening may not lead to immediate price drops. UK oil primarily comes from the US and Norway, and energy bills under the price cap may increase in July if tensions persist.

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