Drivers Face £100 Diesel Fill-Up Amidst Oil Crisis

Britain's average diesel price has climbed to nearly 183p per litre, marking a 28% increase from February 28, pushing the cost of filling a typical 55-litre car over £100 for the first time since December 2022. Petrol prices have also risen to 152.8p per litre, making a full tank approximately £84. The ongoing Middle East conflict, affecting oil prices through the Strait of Hormuz, is directly linked to these soaring fuel costs.

The motoring research charity RAC Foundation estimates UK drivers have collectively paid an additional £544 million for fuel since the conflict began, comprising £409 million for diesel and £135 million for petrol. This situation has also widened the price gap between supermarket and non-supermarket fuel retailers. While petrol prices may stabilise if oil costs do not further increase, diesel is expected to continue rising.

In response to potential fuel supply disruptions, the UK government has a 'National Emergency Plan for Fuel.' This plan includes measures like priority access for emergency services, potential fuel purchase limits for the public, and directed supply to commercial sectors. However, the government insists that current national fuel stocks are adequate, and there will be no fuel rationing.

Civil servants are advocating for a return to working from home due to rising fuel costs. The Public and Commercial Services Union (PCS) argues that the government's office attendance policy is out of step with global events and financial pressures on workers. Human resources experts caution that employers may need to accommodate employees struggling with commute costs or fuel availability.

Meanwhile, former US President Donald Trump has urged countries impacted by fuel shortages to purchase American oil and 'take' from the Strait of Hormuz. Britain's last known shipment of Middle Eastern jet fuel is expected within 48 hours. The Chancellor faces pressure to reduce fuel duty, as the Treasury is reportedly benefiting from an £8 billion windfall due to soaring energy prices.