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Explained in plain English

Why is my petrol so expensive?

The price you pay at the pump is soaring because the global cost of crude oil has shot up. This is mainly due to the conflict in Iran disrupting supplies and making oil more expensive for everyone. Fuel retailers then pass these higher wholesale costs onto you, the driver.

Stories that explain this

UK petrol prices exceed 160p, highest since Iran war began February 28

Related explainers

How does global oil trading work? Why does the Iran conflict matter? How much more will I pay? What's the UK government doing? Why is petrol so expensive? What is the 2030 petrol car ban? Will AI become more expensive globally? Why is AI so expensive?

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