Wireva

Iran Conflict Drives UK Pump Prices to Four-Year High, Costing Drivers £7.5bn

A new study finds that the conflict with Iran has pushed UK petrol and diesel prices to a four-year high, forcing drivers to spend an extra £7.5 billion and handing the Treasury a £1.3 billion VAT windfall.

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A new study finds that the conflict with Iran has pushed UK petrol and diesel prices to a four-year high, forcing drivers to spend an extra £7.5 billion and handing the Treasury a £1.3 billion VAT windfall.