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Why does the US matter?
The US is a huge consumer of oil, and its domestic fuel prices often reflect global trends. When American drivers face record prices, as they did around Labor Day, it signals broader pressures on the international oil market. This can then impact prices in other countries, including the UK.
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Global oil supply and demand Why are prices so high? What's the UK fuel duty? How to save on petrol Who sets UK petrol prices? Why does the US matter so much?The full catalogue
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