UK Gasoline Prices Hit Record High, Set For Further Rise ...Middle East

Economy by : (OILPRICE) -
As in many parts of the world, gasoline prices in the UK hit a fresh record high on Tuesday amid rallying oil prices after the partial EU ban on Russian oil imports that is set to further tighten global fuel markets. The latest average UK price of unleaded gasoline hit $2.18 (£1.73) per liter (a quarter of a gallon) at the start of this week, and is likely to rise further, according to RAC, the UK’s longest-serving motoring organization. To put that into perspective, the cost of filling up a 55-liter typical family car has now risen…

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