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UK Fuel Prices Surge: Petrol Nears £1.50 Amid Crisis

3/19/2026

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Story summary
  • Rising fuel prices in the UK strain household budgets due to higher global oil costs from the US-Israel conflict with Iran.
  • Since late February petrol has risen about 10p per litre.
  • As of March 18, petrol averages 142.62p per litre and diesel 162.66p per litre.
  • Analysts warn that if oil prices stay high, petrol could reach 150p and diesel nearly 180p.