Drivers warned over panic buying fuel amid Middle East conflict
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Drivers warned over panic buying fuel amid Middle East conflict
"Pump prices are heading up wholesale costs had been increasing even before the weekend's strikes on Iran. However, pump averages today are still below where they started the year and petrol is almost 6.5p a litre cheaper than this time last year. That makes a tank of petrol more than 3.50 cheaper than in early March 2025."
"There's no point wasting time, fuel and money queuing when drivers don't need to. The fuel trade has reported some increased demand, which was expected, but drivers in general are heeding advice to stick to their usual refuelling routines."
Amid escalating Middle East conflict, oil prices have risen and analysts predict pump price increases within weeks. However, motorists are advised against panic buying petrol, as wholesale cost increases typically take considerable time to reach forecourts. Current pump prices remain below 2025 starting levels and are approximately 6.5 pence per litre cheaper than the previous year, making a full tank over 3.50 pounds cheaper than early March 2025. The fuel trade reports some increased demand, which was anticipated, but most drivers are maintaining normal refuelling habits. Experts recommend avoiding unnecessary queuing and fuel wastage by adhering to regular refuelling routines.
Read at www.independent.co.uk
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