Labour ‘CONCERNED’ for Britain’s fuel supply as prices SOAR and Trump weighs export BAN
Episode details
Episode description
Labour have expressed alarm over Britain's fuel supply after Donald Trump signalled he may implement a diesel export ban. Petrol prices in Britain have soared by 11p in a month to £1.74 a litre, while diesel has risen 15p in a month, now sitting just below £2. Drivers have been warned diesel could hit £3 a litre in the coming weeks. Britain has only 42 days worth of diesel supply, leaving it particularly exposed. Canada stocks more than 3 and a half years' worth, while Germany has more than a year's supply. Out of similar countries, only Australia has less diesel, at 31 days' worth. Britain imports around half of its diesel and about a third of these imports come from the US. Donald Trump, vulnerable to political pressure ahead of the US midterms, is weighing up a diesel export ban to relieve price pressure on the domestic market. Business Secretary Jonathan Reynolds said he was concerned. #iran #costofliving #inflation #fuel #diesel #petrol #labour Keep up to date with GB News at gbnews.com or on X @GBNEWS Become a Friend of GB News: gbnews.com/friend
Watch also from the same channel
More episodes from this channel
You might be interested in
