Petrol prices set a new record of 178.5p a litre on Tuesday morning, increasing by 0.6p in just 24 hours. The price of diesel has also increased to 185.2p a litre.
It is the third time in six days that a new high has been hit.
With supply of fuel slowing down in recent weeks due to bottlenecks at refineries across the world, and soaring oil prices triggered by Russia’s invasion of Ukraine, experts are warning that petrol prices are likely to continue increasing.
Prices at the pump have been hitting record highs every few days in recent weeks....
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