Northern Ireland Diesel Prices Surge to Levels Unseen Since Iran Conflict
Average diesel costs reach 193.3p per litre, driven by geopolitical tensions, according to consumer data.
Diesel prices in Northern Ireland have reached their highest point since the commencement of the Iran conflict, with the average cost of a litre of diesel hitting 193.3 pence this week. This surge is approaching the record average of 197.2p observed in the summer of 2022, following Russia's full-scale invasion of Ukraine. Some fueling stations are already charging £2 per litre.
Prior to the US-Israeli attack on Iran in February, diesel was priced at approximately 132p per litre. Data from the UK's Department for Transport indicates that Northern Ireland's motorists are more dependent on diesel fuel compared to other regions within the UK. Approximately half of the private cars on Northern Ireland's roads utilize diesel, in contrast to the UK average of one-third.
Despite this trend, sales of new diesel cars in Northern Ireland have seen a significant decrease in recent years, mirroring a broader pattern across the United Kingdom. The current price increase is attributed to the ongoing geopolitical situation affecting global fuel markets.