
Easter Fuel Crisis: Prices Soar, Shortages Loom
About this episode
Easter weekend travelers brace for potential fuel shortages as demand surges, with diesel potentially running low within weeks due to high prices. The US-Israel-Iran conflict has caused oil supplies to dwindle, leading to a thirty percent increase in diesel and sixteen percent in petrol since February. Households and businesses are feeling the strain, with petrol jumping twenty pence per litre and diesel forty pence in March alone. Labours planned fuel duty hike in September could add another three pounds per fill-up, exacerbating the situation. Rail shutdowns and strong winds in the north may further congest roads.
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UK News Today | 2 Min News | The Daily News Now! — Easter Fuel Crisis: Prices Soar, Shortages Loom. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On April 4th, drivers are facing potential fuel shortages at petrol pumps this easter weekend, with 22 million journeys expected over the four-day holiday. Retail experts warned high demand could lead to diesel running low within weeks, as folks top up twice to dodge skyrocketing prices. The price jumps stem from the U.S. Israel, Iran conflict blocking the straight of hormones, choking off oil supplies. Yesterday, average diesel hit 185 pence per liter, a 30% spike since February, while petrol reached 100. 54 pence, up 16%. REC policyhead Simon Williams calls these the fastest rises ever in a single month, worse than early Ukraine war days. With 8 and 10 people relying on cars, households, and businesses are feeling the pinch hard. March saw petrol jump 20 pence per liter, and diesel 40 pence, adding 11 quid to fill a 55 liter tank for petrol, 22 for diesel. One month in station even charged nearly 3 pounds per liter for diesel.
Meanwhile, rail shutdowns and 90 mile per hour winds in the north could jam roads even more. Labors holding firm on a fuel duty hike this September, piling on another 3 quid per fill up as tensions drag on.
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