Fuel Prices Surge in Northern Ireland Amid Iran War
Fuel prices in Northern Ireland have risen significantly since the onset of the Iran war, outpacing other UK regions. Official data reveals a 19% jump in petrol prices and a staggering 35% increase in diesel costs since late February. These rises are among the most substantial across Europe.
The impact on drivers is evident. Filling a 50-litre tank now costs £75 for petrol and £91 for diesel, compared to £63 and £67 respectively on February 28th, the day US-Israeli airstrikes on Iran commenced. Northern Ireland, historically known for its lower fuel prices, is witnessing a narrowing gap with other UK regions.
The trend is not isolated to Northern Ireland. Across the UK, fuel prices are on the rise as the Middle East conflict persists. On average, petrol prices have increased by 16%, while diesel prices have soared by 30% since the war's inception. This aligns with the broader European context, where countries like Austria and Estonia have experienced similar hikes.
The Guardian's analysis of the Fuel Finder scheme highlights the north of England as another region hit hard by rising petrol prices, with an average cost of 154p per litre, a 17% increase since the war began. Rural areas are not exempt, with some stations charging up to 210p per litre for petrol.
Major retailers have also adjusted their prices. Shell, BP, and Esso have increased their average prices by 15-16%, with unleaded petrol now costing 155-158p per litre at these stations. These price hikes are attributed to various factors, including wholesale costs, competition, and profit margins.
The new government scheme, Fuel Finder, mandates petrol stations to report price changes within 30 minutes, ensuring transparency. Simon Williams from RAC emphasizes the burden on drivers, especially during the Easter weekend, as prices continue to soar.
