Petrol and diesel drivers spared from nationwide price gouging despite near-record fuel prices

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Petrol and diesel drivers have been urged to shop around when searching for fuel, as they could be overcharged by £9 per tank by some filling stations.The latest report from the Competition and Markets Authority (CMA) highlighted that higher oil prices caused a rapid increase in fuel costs, rather than a hike in fuel margins.As part of its latest monitoring report on the road fuel market, the CMA assessed the impact of the Iran war and tensions in the Middle East on fuel prices and margins until the end of March.Fuel margins, which are the prices at which retailers pay for fuel and the price they sell it at, were broadly unchanged between February and March.

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TRENDING Stories Videos Your Say This was similar to the average margins throughout 2025, suggesting that the majority of filling stations across the UK refrained from profiteering.Despite this, the CMA noted that a minority of retailers were increasing their fuel margins, although it could not determine the "precise drivers" of...

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