UK petrol prices set to hit year-high after US resumes Iran strikes

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Live, rolling coverage as the AA says average petrol prices could rise above 159.7p per litre mark set in May

Petrol prices in the UK are expected to rise to their highest level so far this year this weekend after Donald Trump restarted attacks on Iran, adding to pressure on household finances.

The AA , a motoring services company, said that average UK petrol prices had risen to 159.5p a litre on Thursday, having gone up more than 3p this week.

The intriguing aspect of current pump prices is that, in early May when wholesale costs shot up 3p to 6p for more than a fortnight, average petrol prices put on less than 2p. Fuel Finder compliance started to be enforced at the beginning of the month and that likely had an impact.

When costs plummeted from late May onwards, pump prices followed rapidly which was unlike previous years of ‘rocket and feather’ pump pricing.

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