
Fuel Prices Skyrocket in Northern Ireland
About this episode
Fuel prices in Northern Ireland skyrocket due to Middle East tensions, with petrol hitting £1.34 and diesel at £1.49. Global oil prices surge, causing a pricing crunch, but no real shortages. Drivers face wild price variations, with some spots charging nearly £1.65 for diesel. Pump prices expected to adjust as fresh deliveries arrive.
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UK News Today | 2 Min News | The Daily News Now! — Fuel Prices Skyrocket in Northern Ireland. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On March 14, fuel prices in Northern Ireland have jumped sharply over the past week, driven by escalating tensions in the Middle East after attacks. Involving the United States, Israel, and Iran, the average cost for a liter of petrol hit £1.34 in 5 pence, while diesel reached £1.49 in 6 pence. That's up from £1.26 in 2 for petrol, and £1.33 in 8 for diesel just 7 days earlier. Fuel oil prices fueled the surge, with Brent crude climbing from $73 of barrel to $106 by early March. Experts point to risks in the straight of hormones, where 20% of world oil shipments pass, pushing costs higher even though most Northern. Ireland supplies come through the UK. Drivers like Lori Operator Rockquite are feeling the pinch, with one supermarket forecourt running dry on diesel last weekend. It's very wildly by town. Some spots charge nearly £1.65 pence for diesel, leaving folks hunting for deals or sticking
to short. Commutes without big changes yet. Industry leaders confirm no real shortages at play, just a price and crunch unlike past disruptions from events like Russia's invasion of Ukraine. Terminals in Belfast and Derry stay well-stocked, and a brief demand spike has settled down. As fresh deliveries roll in, pump prices should keep adjusting to match rising wholesale costs, with over half of every leader already going to. Taxes leaving drivers bracing for what comes next.
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