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Fuel Theft Skyrockets 62% Amidst War Prices

Summary

  • Petrol theft increased by 62% compared to last year.
  • Retailers face abuse as fuel prices climb due to conflict.
  • Drive-offs now cost one owner £2,000 weekly across five sites.
Fuel Theft Skyrockets 62% Amidst War Prices

Petrol theft has seen a significant increase of 62% compared to the previous year, according to recent figures.

Forecourt owners are experiencing substantial financial losses, with one reporting £2,000 in losses per week across five locations due to fuel drive-offs.

The surge in theft is occurring as petrol and diesel prices have risen considerably since the US-Israel conflict with Iran began. A typical car's petrol fill-up is now £14 more expensive, and a diesel tank costs an additional £27.

Retailers also report a rise in abusive behavior from customers, attributed to these high fuel prices.

Data indicates that the average number of drive-offs per forecourt weekly has risen from 2.1 to 3.4. The average value of a stolen fuel load has also increased by 46%, from £56 to £67.

While some instances may stem from genuine financial hardship, many are believed to be pre-planned or organized theft. Authorities are taking a proactive stance, collaborating with retailers and recovery agencies to identify offenders and disrupt repeat criminal activity.

Despite a slight recent decrease in fuel prices, costs remain notably higher than pre-conflict levels, with petrol 19.2% and diesel 34.5% above those figures.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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