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Story perspectives

Petrol Price Controversy: Retailers Face Backlash Amid Investigation

3/14/2026

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Story summary
  • Petrol Retailers Association (PRA) says ministers used inflammatory language about prices, prompting abuse of forecourt staff.
  • The PRA initially threatened to withdraw from a meeting with Chancellor of the Exchequer Rachel Reeves.
  • The PRA attended the meeting after media assurances.
  • The Competition and Markets Authority (CMA) is investigating unjustified price hikes as petrol reaches 140.6p per litre and diesel 159.18p per litre amid the US-Israel conflict with Iran.