What Is The Petrol Price Today, Why Has The Cost Of Fuel Risen And Will It Increase More Per Litre?

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PETROL prices have been pushed up in recent weeks following escalating tensions in the Middle East.

But how will this affect costs at your local pumping station and when is best to fill up?

Getty Images – Getty Tension in the Middle East have helped to push your petrol prices up

What is the price of petrol today?

As of today the average price of unleaded petrol in the UK is 127.3p per litre, hovering around the highest in three and a half years.

Diesel has also soared continued its rise to an average across the nation of 130.2p per litre.

It is feared that the rising prices could prevent the slowing of inflation and increase pressure on consumers.

Getty – Contributor Donald Trump’s foreign policy has helped to push up the price of Petrol

Why has the price of petrol gone up?

Tensions in the Middle East have caused petrol prices to go up, as the crude oil price has increased.

This crude oil price index has a major effect on how much filling up your tank could cost.

President Trump withdrew from the Iran nuclear deal on May 9, sparking fears of a war between Israel and Iran.

Such a conflict would affect Iran’s energy exports, it is feared.

The crude oil price rose further following the re-election of socialist leader Nicolas Maduro in Venezuela and fresh US sanctions against the country.

Alamy Rural communities without supermarkets are affected sooner by the price rises




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