The price of petrol at the pump in the UK rose to its highest since the start of US-Iran war in mid summer, analysts have said.
Forecourts were selling petrol at 159.55p per litre and prices are expected to pass 160p if escalation in the Gulf region persists.
After another “pause” in strikes by the US there may be some hope.
Simon Williams, head of policy at the RAC, said: “The outlook for fuel prices is pretty grim.
It looks highly likely that a litre of petrol will surpass 160p on average ... a new record since the United States-Iran conflict began. Diesel will reach 180p very soon and will continue to rise towards 185p.” Williams said: “What’s needed is a sustained drop in the oil price over several weeks and, unless that happens, elevated prices at the pump look like they’re here to stay.”
