UK diesel prices hit records as ministers insist supply is robust despite Trump's export threat
Summary
UK diesel prices climbed to record highs as wars wiped out about a fifth of global supplies, the average forecourt price reaching an all-time high of 199.18p a litre on 28 September, above the 199.09p peak of June 2022, according to The Guardian. Donald Trump said he would back a ban on US diesel exports, and on 1 October the UK held emergency talks with European allies over releasing diesel stocks. A former BP executive had sparked fears that the UK could face rationing, but transport minister Keir Mather said on 2 October that Britain's supply was 'robust' and 'inherently resilient', as the US Treasury secretary said European countries should use their reserves. The same day, G7 leaders agreed to release up to 100 million barrels of emergency oil and diesel reserves within four months.
Latest: Transport minister Keir Mather said Britain's diesel supply was 'robust' and 'inherently resilient' after Donald Trump threatened to cut off US supplies, and G7 leaders agreed to release up to 100 million barrels of emergency oil and diesel reserves within four months.
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How it unfolded
Friday 2 October
Transport minister Keir Mather said Britain's diesel supply was 'robust' and 'inherently resilient' after Donald Trump threatened to cut off US supplies, and G7 leaders agreed to release up to 100 million barrels of emergency oil and diesel reserves within four months.
- 11:57The GuardianG7 to release up to 100m barrels of emergency oil and diesel reserves
- 05:26Birmingham MailAndy Burnham government issues diesel shortage update after rationing reports
- 05:18Wales OnlineMinister gives fuel shortage update after Trump 'ban' news
- 05:09The GuardianUK is not facing diesel shortage despite fears of Trump export ban, minister says
- 04:20The IndependentDon’t worry about diesel shortages, Government says, as US urges use of reserves
- 04:19Manchester Evening NewsAndy Burnham government speaks out on UK diesel shortages after crisis talks as prices surge to over £2 a litre
- 04:16The IndependentUK diesel supply: Britain holds emergency talks following Trump’s threat
- 04:07Evening StandardDon’t worry about diesel shortages, Government says, as US urges use of reserves
- 04:01The IndependentMinister insists UK has ‘diverse’ diesel supply after Trump threatens to cut Europe off
Thursday 1 October
The UK held emergency talks with European allies over releasing diesel stocks, after Donald Trump threatened to ban US exports of diesel.
- 08:55The IndependentUK in emergency talks with European allies over releasing diesel stocks
Wednesday 30 September
Tuesday 29 September
- 06:09Birmingham MailInstant 10p fuel duty cut update with Andy Burnham and John Healey warned
Monday 28 September
The average price of diesel on UK forecourts hit an all-time high of 199.18p a litre, above the previous peak of 199.09p in June 2022, and the government issued a reassuring statement over rationing reports.
- 11:16Liverpool EchoDrivers issued warning as diesel prices soar amid 50mph speed limit talks for UK
- 09:58The IndependentUK diesel prices soar to record high at nearly £2 a litre. Here’s why
- 06:56Birmingham MailAndy Burnham government issues statement over diesel rationing reports
- 06:45The GuardianPrice of diesel on UK forecourts reaches all-time high
- 06:10Manchester Evening NewsUK diesel prices soar to record high - check out the cheapest fuel prices by postcode
- 03:14Manchester Evening NewsUK government emergency plans unveiled amid 42 day fuel warning with diesel rationing and 50mph speed limits
Sunday 27 September
- 12:12Birmingham MailDiesel crisis sweeping UK means drivers spending 'half a day’s pay' on fuel
Friday 25 September
- 06:03The GuardianUK diesel price on brink of all-time high – business live
Wednesday 23 September
The Independent reported that Trump was ready to ban diesel exports to lower costs at home, which his own energy secretary says could backfire.
Tuesday 22 September
Donald Trump said he would back a ban on diesel exports, as Republican lawmakers pressed him to curb exports with US diesel prices at record highs.
- 16:41BBC NewsTrump says he would back ban on diesel exports
Monday 21 September
Small traders and drivers bear the brunt of a diesel refining shortage taking forecourt prices towards £2 a litre, as wars wipe out about a fifth of global supplies, The Guardian reported.