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Diesel Prices Soar Amid Global Tensions | Sheffield News

Diesel Prices Soar Amid Global Tensions | Sheffield News

Published 1 week ago
Description

Diesel prices hit a record high of 181.5p per litre, costing over £100 to fill a 55-litre tank — and petrol isn’t far behind at £89 a full tank, the highest since February. The spike? Blame rising US-Iran tensions around the Strait of Hormuz, pushing up global oil costs. But it’s not just geopolitics — fuel theft is surging, with more organized, aggressive thefts hitting small independent stations hardest. As living costs climb, ordinary people are turning to theft, and frustrated drivers are lashing out at staff — even though retailers have no control over pump prices. This isn’t just about big oil — it’s about everyday folks struggling at the pump and the small businesses caught in the crossfire.

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