LONDON DAILY ARCHIVE

UK Diesel and Petrol Prices Surge Near All-Time Highs Amid Middle East Energy Volatility

Rising fuel costs in the United Kingdom are intensifying cost-of-living pressures as average diesel prices reach 1.98 pounds per litre, prompting warnings from Bank of England Governor Andrew Bailey that further interest rate hikes may be necessary.

27 September 2026 · 14:18 UTC