Theft from petrol stations skyrockets under Iran war pain

By LBC

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Almost £200,000 worth of fuel has been stolen from UK forecourts every day since the start of the Middle East crisis. 00:00 | Economist Duncan Welder explains why fears of a recession are growing 05:50 | Juliet Morrison discusses the explosion of fuel theft from petrol stations since the Iran war began Fuel theft prevention company Forecourt Eye said incidents of fuel taken without payment soared by 20% in the five months after the conflict began in February, compared with the preceding five months. The increase in prices driven by the war means the value of stolen fuel rose by 48% over the same period, reaching an estimated daily average of £194,000 across the UK’s 8,359 forecourts. For first-time offenders, there was a 23% increase in the number of incidents and a 26% rise in the volume of fuel stolen, compared with 17% and 20% respectively among repeat offenders. Simon Marks gets the numbers from Duncan Weldon, Economist and former economic policy adviser to the Labour Party,

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