Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleUK diesel prices have experienced their largest monthly fall in over 25 years. The average price of a litre of diesel dropped by more than 16p, from 183.8p to 167.1p, marking the most significant reduction since 2000. This decline was driven by a sharp fall in oil prices, which dipped below pre-crisis levels following a US-Iran peace deal. The agreement facilitated increased oil tanker traffic through the Strait of Hormuz, easing supply concerns. Despite the recent drops, fuel costs remain significantly higher than before the conflict, with the Iran oil crisis estimated to have cost UK drivers approximately £4 billion. In fullDiesel prices fall by record amounts as Iran crisis easesThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Diesel prices record largest monthly fall in over 25 years
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleUK diesel prices have experienced their largest monthly fall in over 25 years. The average price of a litre of diesel dropped by more than 16p, from 183.8p to 167.1p, marking the most significant reduction since 2000. This decline was driven by a sharp fall in oil prices, which dipped below pre-crisis levels following a US-Iran peace deal. The agreement facilitated increased oil tanker traffic through the Strait of Hormuz, easing supply concerns. Despite the recent drops, fuel costs remain significantly higher than before the conflict, with the Iran oil crisis estimated to have cost UK drivers approximately £4 billion. In fullDiesel prices fall by record amounts as Iran crisis easesThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
