UK Fuel Prices Post-Iran War
Analysis based on 7 articles · First reported Jun 25, 2026 · Last updated Jun 25, 2026
The market is impacted by the fluctuating price of oil, which directly affects fuel prices in the United Kingdom. The peace deal between Iran and the United States has led to a decrease in oil prices and the reopening of the Strait of Hormuz, which is a positive for the oil and gas industry and consumers. However, uncertainty about future actions of Iran and the United States could lead to further volatility.
Fuel prices in the United Kingdom are slowly returning to pre-Middle East war levels, but still remain significantly higher than before the conflict. The average cost of petrol is 152.9p per litre and diesel is 170.5p per litre. The cost of oil has fallen below 73 US dollars a barrel for the first time since the Iran war started on February 28, due to a peace deal between the United States and Iran and the gradual reopening of the Strait of Hormuz. The American Automobile Association and RAC are monitoring the situation, with Edmund King of the American Automobile Association warning that there is 'some way to go' before prices fully recover, and Ken Williams of the RAC urging retailers to pass on savings to drivers.
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