Petrol prices jump by more than 2p in 24 hours
Rising prices mean it currently costs £99.40 to fill up a 55-litre family car with petrol - the highest amount ever - or £102.61 in diesel.
Earlier in the week, the RAC claimed the UK was on the brink of a fuel crisis. It called for urgent, “radical government intervention” to prevent a national fuel crisis. “As it is, drivers surely won’t be able to cope unless something is done to help… This is fast becoming a national crisis for the country’s 32 million car drivers as well as countless businesses.”
Sanctions on Russia following its invasion of neighbouring Ukraine have also heavily contributed to rising fuel costs. The country is one of the biggest producers of oil in the world and it supplied 18% of the UK’s diesel fuel last year.