Fuel prices fall for first time since Middle East conflict began after 46-day rise

UK motorists have seen a small but symbolic easing in fuel prices for the first time since the start of the Middle East conflict, as the prolonged run of increases finally ended.

Data from the RAC shows that the average price of a litre of petrol at UK forecourts fell to 158.1p on Thursday, down slightly from 158.3p the previous day.

Diesel prices also edged lower, dropping from 191.5p to 191.2p over the same period.

The modest reductions bring to an end a 46-day stretch of consecutive fuel price rises, driven by higher global oil prices following the outbreak of conflict in the Middle East.

Despite the fall, prices remain significantly elevated compared with pre-conflict levels. Petrol is still around 25p per litre higher, while diesel remains 49p higher than it was before the war began on February 28.

The RAC said “drivers will be relieved” by the first sign of downward price movement, although it cautioned that broader volatility in global energy markets remains a key risk factor.

RAC head of policy Simon Williams said: “After 46 days of rising prices, the cost of both petrol and diesel across the country has finally begun to drop very slightly.

“Wholesale prices are still lower, so we’re hopeful there will be further reductions amounting to several pence a litre in the coming days.

“After record rises, drivers will be relieved to finally see prices going the other way.

“While we’re a long way from a return to the prices we had at the start of the conflict, there’s now a glimmer of light at the end of the tunnel.”

Oil markets have been sensitive to developments in the Middle East, with supply concerns feeding through into refined products such as petrol and diesel in the UK. Analysts say that while short-term dips may provide some respite, fuel prices are likely to remain closely tied to geopolitical tensions.

The latest figures will offer limited relief to households and businesses that have faced sustained cost pressures in recent weeks, particularly in transport-dependent sectors. However, industry observers note that the scale of the reduction is marginal and may take time to filter through more broadly at the pumps.