Petrol Prices 'Highly Likely' to Hit 160p as Iran War Impact Continues The specter of record breaking fuel prices looms over UK motorists once again, with petrol prices poised to hit 160p per litre.
Diesel is not far behind, threatening to shatter all time records for both fuels. Brent Crude oil prices have surged from below $70 (£52) to briefly peak over $120 (£90) in the past five months.
The majority of that time was spent above $85 (£63). Despite a brief dip after an initial ceasefire, the price of oil has continued to swing wildly, responding to every twist and turn in the Middle East conflict.