Why has UK diesel price hit an all time high? | BBC News
The average price of diesel has risen above £2 a litre in the UK for the first time, according to the RAC motoring group, with petrol also soaring to 174.71p a litre on average. Price rises were "showing no signs of slowing, heaping more misery onto motorists," the group said. Separately on Friday, the G7 nations agreed to release 100 million barrels of oil to head off further increases. Subscribe to our channel here: https://bbc.in/bbcnews For the latest news download the BBC News app or visit BBC.com/news #Diesel #UK #BBCNews
Why will the G7 release 100m barrels of European fuel reserves? | BBC News
France's President Emmanuel Macron says the G7 group of advanced economies will release up to 100 million barrels of diesel and oil reserves to try to control rising prices. US President Donald Trump had been considering a ban on US diesel exports, which could have cut American fuel prices in the short term but pushed them up elsewhere. It's as the average diesel price in the UK has passed £2 a litre for the first time ever, adding to inflationary pressures on day-to-day products. And with vital waterways like the Strait of Hormuz blocked and energy infrastructure damaged, BBC Verify investigates how much oil is actually getting out of the Middle East. Subscribe to our channel here: https://bbc.in/bbcnews For the latest news download the BBC News app or visit BBC.com/news #G7 #Fuel #BBCNews
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