French bond sell-off echoes euro crisis

The UK has experienced a record surge in diesel prices, hitting an average of £2 per litre for the first time, with the cost of a full 55-litre tank rising significantly since February. This increase is driven by geopolitical tensions, disruptions in Gulf oil supplies, and concerns over potential export restrictions, leading to a 40.5% rise in diesel prices. As fuel costs climb, households and businesses face increased expenses, with many potentially passing costs to consumers amid broader inflation pressures.

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