UK diesel price close to all-time high

Diesel prices in the UK are expected to hit record levels over the weekend as the fallout from the US-Israel war with Iran continues to drive up costs.

The average price of a litre of diesel at the pump stands at 198.32p, according to the RAC motoring body. That's close to the all-time high of 199.09p recorded on 25 June 2022, following Russia's full-scale invasion of Ukraine.

Simon Williams, head of policy at RAC, said the June 2022 high would "almost certainly be surpassed over the weekend as retailers continue to pass on the increases they're seeing when they buy new supply".