Key facts
- Average UK petrol price reached 159.7p per litre last week.
- This marks a three-year high for petrol costs.
- A new fuel price scheme has been introduced.
- The scheme is reportedly saving drivers money.
Rising crude oil prices and global supply chain issues have contributed to a significant increase in fuel costs worldwide. In the UK, this has led to petrol prices reaching a three-year peak, impacting household budgets and transportation costs. The introduction of a new scheme aims to mitigate these effects for consumers.
