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Diesel Prices Surge 34% Amid Iran Conflict Disruptions

4/11/2026

23 4 Full Breakdown

Center

Fuel Prices Surge

Diesel prices average 190.62p per litre, up 34% since the Iran conflict began on February 28.
Petrol prices have risen to 157.71p per litre.
The closure of the Strait of Hormuz disrupts oil supplies and doubles aviation fuel costs.
Airlines are raising ticket prices and cutting routes due to higher fuel expenses.
Recovery of Gulf supply chains may take six months to a year, prolonging inflation on food and energy.

Left

Households Go Green

British households are investing in green energy as oil and gas prices rise amid Iran crisis.
Demand for solar panels, electric vehicles, and heat pumps has surged since February 28.
Octopus Energy reports heat pump orders doubling and solar system sales rising 80% in March.
Allan Burgess switched to heat pumps to avoid rising heating oil costs.

History

Historical Context

The closure of the Strait of Hormuz during the Iran-Iraq War in 1980 severely disrupted global oil supplies, causing prices to double and triggering inflation. Today, similar tensions threaten to raise diesel prices by 34%, underscoring the strait's critical role in global energy security, as it facilitates 20% of the world's oil trade, highlighting ongoing vulnerabilities in energy markets.

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Fuel Prices Surge

Diesel prices average 190.62p per litre, up 34% since the Iran conflict began on February 28.
Petrol prices have risen to 157.71p per litre.
The closure of the Strait of Hormuz disrupts oil supplies and doubles aviation fuel costs.
Airlines are raising ticket prices and cutting routes due to higher fuel expenses.
Recovery of Gulf supply chains may take six months to a year, prolonging inflation on food and energy.

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