UK Diesel Prices Reach Record 199.53p Per Litre on Escalating Geopolitical Supply Strains

Average UK retail diesel prices hit a new nominal record of 199.53 pence per litre and are expected to top £2 per litre within days, according to the RAC. The rally follows Middle East conflict disruptions, restricted transit via the Strait of Hormuz, and potential US export curbs. Prices broke the June 2022 high of 199.09p earlier in the week at 199.18p, raising the cost to fill a family car to nearly £110. Britain faces acute exposure because it imports approximately 55% of its consumed diesel amid reduced domestic refining capacity.