- The average price of diesel in the UK has surpassed 190p per litre, reaching 190.6p, a 34% increase since 28 February.
- Petrol prices have also seen a significant rise, reaching an average of 151.7p, marking a 19% increase since the conflict intensified.
- Both fuels are now at their most expensive since late 2022, according to the RAC.
- Experts suggest that a recent ceasefire agreement between the US and Iran offers a glimmer of hope that pump prices could soon stabilise or 'top out'.
- The UK construction industry continues to decline for the 15th consecutive month, reporting a record surge in cost inflation and a sharp decrease in new orders due to the Middle East conflict.
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