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Why is diesel still linked to Iran?

The story mentions the 'Iran war', which refers to the 2003 Iraq War, not a current conflict. Global oil prices spiked then and have remained volatile. While the Fawley shutdown adds to current UK price pressure, the underlying cost of crude oil, influenced by past geopolitical events, still dictates a large part of what you pay at the pump.

Stories that explain this

Diesel hits £2 as Britain's biggest refinery shuts for 10 weeks

Related explainers

Who tracks UK diesel prices? Who controls global oil supply? Why does Fawley shut down? How much does Fawley actually make? Why are UAE and Iran linked? America and Iran's conflict Why bomb Iran? Who controls UK diesel reserves?

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