"Currently, diesel prices have reached their highest level in over three years, with drivers paying more than 171p per litre. Meanwhile, petrol prices have increased to 147.19p per litre, the highest in nearly two years, according to RAC Fuel Watch data."
"Experts warn that prices could rise even further. Simon Williams predicts that petrol could reach 150p per litre and diesel could hit 180p by Easter, potentially making it the most expensive Easter on the roads since the Russian invasion of Ukraine."
"Drivers are also experiencing disruptions, with some service stations reporting fuel shortages. For instance, motorists struggled to refuel at Woodall Services on the M1, illustrating the growing pressure on supply chains."
"In response to these challenges, Chancellor Rachel Reeves has ordered the rollout of Labour's Fuel Finder tool, which is designed to help drivers locate the cheapest fuel and identify shortages in real time."
Fuel prices are surging, with diesel at over 171p per litre and petrol at 147.19p per litre. Experts predict further increases, potentially reaching 150p for petrol and 180p for diesel by Easter. Some service stations are experiencing fuel shortages, causing disruptions for drivers. Contingency plans, including fuel rationing and military support for deliveries, are being considered. The Chancellor has initiated the rollout of a Fuel Finder tool to assist drivers in locating affordable fuel and identifying shortages in real time.
Read at London Business News | Londonlovesbusiness.com
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