"March has been truly unprecedented; fuel prices have never risen this fast in a single month. The increases surpassed the biggest monthly jumps of 17p for petrol in June 2022 and 22p for diesel in March 2022, which followed Russia's invasion of Ukraine."
"The average price of a litre of petrol at UK forecourts jumped by 20p, from 132.8p on 1 March to 152.8p by the end of the month. Diesel drivers experienced an even steeper rise, with the average cost per litre soaring by 40p, from 142.4p to 182.8p."
In March 2023, British motorists faced unprecedented fuel price surges due to the Iran oil crisis. The average price of petrol rose by 20p, reaching 152.8p per litre, while diesel prices increased by 40p to 182.8p per litre. These hikes exceeded previous records of 17p for petrol and 22p for diesel, which occurred after Russia's invasion of Ukraine. Despite these increases, current prices remain below the all-time highs of summer 2022, when petrol peaked at 191.5p and diesel at 199.0p per litre. RAC's Simon Williams noted the unprecedented speed of these price rises.
Read at www.independent.co.uk
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