Motorists are paying on common the quantity additional evey fill-up, new figures present
Drivers are being hit with a brand new excessive in gas costs, specialists say (Picture: Getty)
Motorists are actually being hit by a brand new excessive in gas costs – that means they’re now taking a look at extra that £14 additional to replenish a tank. This morning the RAC gave the most recent figures for the prices going through motorists.
The Strait of Hormuz remains to be closed to delivery – and US airstrikes began once more, indicating that hopes of a peace deal are fading once more. The RAC stated: “The common value of petrol is now at an Iran Struggle excessive of 159.43p which is 26.6p costlier than it was on 28 February. Diesel is at 184.96p, having fallen 6.58p because it peaked on 15 April 191.54p – right this moment is the primary time it has been beneath 185p a litre since 1 April this yr.
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“A 55-litre tank of petrol for a mean household dimension automobile now prices £87.69 which is £14.63 costlier than it was on 28 February. The diesel equal is £101.73 – £23.42 greater than it was firstly of the warfare.”
RAC head of coverage Simon Williams described the current rise as “dangerous information for drivers” and warned costs are set to grow to be much more costly.
He stated: “RAC evaluation of wholesale gas knowledge sadly signifies that unleaded is now prone to enhance to at the very least 160p a litre within the coming weeks, until there’s a dramatic and sustained drop within the value of oil which has been above 100 US {dollars} a barrel since late April.”
“It’s a extra optimistic outlook for diesel because the wholesale value has lowered considerably because it peaked in early April.
“Whereas the worth of diesel on the pump has fallen practically 6p to 185.92p – its lowest value for the reason that begin of final month – it ought to actually be a lot decrease than it’s.
“We urge retailers to replicate the financial savings they’re benefitting from when shopping for new provide on the forecourt.”
Because the warfare in Iran places strain on costs at house, the federal government stepped in with a tax lower for hauliers to maintain cabinets stocked and economic system shifting, prolonged the 5p gas responsibility freeze to guard motorists on the pump, and emergency reduction for households in rural communities who’ve been hit by a pointy enhance within the value of heating oil.
Petrol | Diesel | Unleaded every day change | Unleaded change – since 28/2 | Unleaded % change since 28/2 | Diesel every day change | Diesel change – since 28/2 | Diesel % change since 28/2 | |
28/02/2026 | 132.83 | 142.38 | +0.2 | 0 | 0.0% | +0.2 | 0 | 0.0% |
15/04/2026 | 158.31 | 191.54 | +0.01 | +25.5 | 19.2% | 0.0 | +49.2 | 34.5% |
22/05/2026 | 159.23 | 185.34 | +0.28 | +26.4 | 19.9% | -0.20 | +43.0 | 30.2% |
26/05/2026 | 159.43 | 184.96 | +0.01 | +26.6 | 20.0% | -0.08 | +42.6 | 29.9% |
The Authorities final week introduced the 5p lower on gas responsibility can be prolonged for the remainder of the yr. In complete, by the tip of this yr the lower could have saved the common driver £120 since 2025, officers stated.
The battle has additionally pushed up prices for hauliers. The Chancellor gave them a 12-month highway tax vacation – that means they may pay £1 at renewal, saving £600 for a typical heavy lorry and £912 for the most important autos on the highway.
Farmers, rail freight, and different crimson diesel customers may also see their gas responsibility lower by over a 3rd till the tip of the yr. That is the bottom price in over 20 years, serving to to maintain the price of doing enterprise down at a tough time when crimson diesel costs are round 50% greater than their pre-crisis ranges.
For the reason that begin of the Iran battle, the federal government has been clear that it’s going to not make kneejerk selections that would influence on monetary stability. The bundle of assist introduced ahead is well timed and focused.
Chancellor of the Exchequer Rachel Reeves stated: “I’m conserving taxes down for drivers and companies – placing cash within the pockets of thousands and thousands of staff and slicing prices for farmers and hauliers.
“The warfare in Iran is pushing up gas costs right here at house however after robust progress originally of the yr, I’m stepping in to guard folks on the pump
“By defending households and companies we’re constructing a stronger and safer economic system for Britain. That’s the proper financial plan.”
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