Labour 'CONCERNED' for Britain's fuel supply as prices SOAR and Trump weighs export BAN

By GBNews

Community Score: 50% | 305 views | 2w

0 community ratings: null thumbs up, null thumbs down

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 Ne

Tags: GB News, GB News Live, GBN, Politics, UK, News, Analysis, Breaking News, News Update, World News, Reports, labour, jonathan reynolds, donald trump, iran, strait of hormuz, saudi arabia, diesel supply, petrol prices, inflation