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Diesel hits £2 a litre in UK for first time, RAC says, as US pressures Europe to release reserves

Diesel hits £2 a litre in UK for first time, RAC says, as US pressures Europe to release reserves

Fri, October 2, 2026 at 11:04 AM UTC

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Average UK diesel prices have hit a record high, according to motoring group the RAC, reaching £2 a litre for the first time - watch BBC coverage above

It comes as US President Donald Trump says he may ask European countries to release diesel reserves as he considers banning US exports of the fuel

The move could bring prices down significantly for American drivers, but experts warn it would put further pressure on diesel prices in other countries, as the Iran war continues to put pressure on the supply.

Transport Minister Keir Mather says the UK's supply of diesel is "robust" and "resilient" and the country has a wide range of sources

Even if you don't drive, it would be a mistake to think these record prices won't affect you, our cost of living correspondent writes

The US is a vital supplier of diesel to the world, while more than half of the UK's diesel is imported.

Members of Trump's Republican Party have been ramping up pressure on the president to curb diesel exports, ahead of next month's US midterm elections, writes our North America reporter

Diesel hits £2 a litre in UK for first time, RAC says, as US pressures Europe to release reserves

Original Article on Source

Source: “AOL Money”

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