Brits are facing greater financial pressure due to elevated mortgage rates, increasing petrol and diesel prices and forecasts of another jump in energy and food costs. Separate estimates of the average price of petrol and diesel are being published daily by the RAC. The RAC's latest figure for the average price of a litre of unleaded petrol as of Tuesday is 152.8p, an increase of 20p since the Iran conflict began. Mr Macheras cited how United Airlines said jet fuel prices have more than doubled in three weeks – and if such a trend continues, its annual fuel bill would hit $11billion. Speaking about jet fuel supplies, Business Secretary Peter Kyle told Times Radio: 'We have no supply chain issues at this moment at all.

Source: Daily Mail April 01, 2026 12:50 UTC