UK petrol prices reach four-year high

UK petrol prices have reached their highest level since 2022, with the average cost of petrol at 161.6p per litre and diesel at 183.4p. As millions prepare for a busy bank holiday weekend, traffic on major roads is expected to be the highest since records began, with over 4.1 million cars anticipated on the roads. The rising fuel costs are attributed to increases in wholesale oil prices and slow pass-through by petrol stations, despite government efforts to encourage price comparison.

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