Diesel Prices Hit New High of 199.33p in UK Amid Export Concerns

Diesel prices in the UK reached 199.33p per litre on Monday, exceeding the previous high of 199.09p from June 2022. The UK depends on the US for about one-third of its diesel imports, and a potential export ban by President Trump could lead to even higher prices. Discussions are ongoing between UK authorities and the US regarding this possible ban. The situation is creating significant pressure on fuel costs, impacting household and business expenses, particularly given the planned fuel duty increase in January and March.