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newsMar 26, 20261:17

Petrol Prices Soar, Easter Driving Costs Highest Since Ukraine War

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Petrol and diesel prices soar, with unleaded nearing £1.50 and diesel approaching £1.80 per litre, causing financial strain for households and potential economic slowdown. Experts predict Easter driving costs to be the highest since the Ukraine war in 2022.

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Petrol Prices Soar, Easter Driving Costs Highest Since Ukraine War

Leicester News Today | 2 Min News | The Daily News Now!

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Leicester News Today | 2 Min News | The Daily News Now!Petrol Prices Soar, Easter Driving Costs Highest Since Ukraine War. Machine-transcribed; use the interactive transcript above to jump the player to any line.

Petrol and diesel prices have surged since late February, driven by the Middle East conflict. Unleaded now, averages 147 pence per liter, up 14 pence, while diesel hits 171 pence per liter, a jump-of, 29 pence. Filling a family car costs about 81 pounds for petrol and 94 pounds for diesel. Oil prices have stayed above $100 per barrel for days, pushing four-core costs even higher. Experts predict unleaded to top 150 pence soon, with diesel nearing 180 pence just before Easter. Households depending on cars feel the pinch hardest, as noted by motoring groups. This marks the priciest Easter driving since early in the Ukraine war, back in 2022. Brotter economic worries are mounting too. Accountancy firm KPMG warns growth could drop to 0.7% this year, half of next year's expected 1.3% as higher. Energy bills curb spending and business investments.

Meanwhile, reports suggest the government eyed easing the energy profits levy, before recent tensions escalated, but with no relief in sight, families. Brace for ongoing pressure at the pumps. That's your Lester News Today update, AI-powered and always on.

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