Petrol is at 157p per litre and rising. Diesel has increased by more than a third since the Strait of Hormuz was closed. Fuel has become one of the fastest-growing line items in your household budget.
Why prices are rising so fast
The closure of the Strait of Hormuz pushed Brent Crude from just over $70 in February to above $100 per barrel. UK pump prices already include 52.95p of fuel duty plus 20% VAT — so when the underlying oil price rises, consumers absorb the full impact on top of a fixed tax burden.
The most effective ways to spend less
1. Use a price comparison app every time
Apps like Petrol Prices show live forecourt prices nearby. The difference between cheapest and most expensive stations is often 8–12p per litre — over £300 a year if you fill up weekly.
2. Supermarket loyalty schemes
Tesco Clubcard, Sainsbury's Nectar and Morrisons More all offer fuel discounts. If you already shop at these supermarkets, routing fuel through their forecourts costs nothing extra.
3. Adjust your driving
Driving at 60mph rather than 70mph reduces fuel consumption by approximately 15%. Correct tyre pressure and removing roof boxes when not in use also contribute meaningfully over a year.
Disclaimer: Fuel prices vary by location and change daily. Always check current prices before travelling.