Oil prise increase likely to add 5p to petrol and diesel prices over the ‘next couple of months’, expert says
Britons are braced for higher prices at the pumps, after a rise in oil prices caused by the conflict between Israel and Iran in recent days.
Oil prices rose again on Monday, as traders worried about the risks of a broader regional military conflict, which could disrupt oil supplies. Iran is a big oil producer, and accounts for about 3% of global supplies.
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