The Newshound

Diesel tops £2 a litre and threatens to push up prices from the pump to the supermarket shelf

A container ship burns in the Strait of Hormuz, the chokepoint handling a fifth of global oil supply, as American drivers face a record 158 consecutive days of pump prices above $4 a gallon.
A container ship burns in the Strait of Hormuz, the chokepoint handling a fifth of global oil supply, as American drivers face a record 158 consecutive days of pump prices above $4 a gallon.
US pump prices above $4 a gallon for a record 158 consecutive days straight, as Trump's Iran war restricts oil shipments and pushes September inflation back up to 3.7 per cent.
US pump prices above $4 a gallon for a record 158 consecutive days straight, as Trump's Iran war restricts oil shipments and pushes September inflation back up to 3.7 per cent.

Diesel has climbed above £2 a litre in Jersey and the UK, with surging oil shipping costs beginning to ripple through the broader economy. Jersey's government has proposed a fuel duty freeze in 2027 to help ease cost-of-living pressures, but businesses say the move does not go nearly far enough. Kelly Keating of A&A Scaffolding Solutions said that fuel, materials and freight costs have risen to the point where quoting accurately on projects has become extremely difficult.

Jersey's government concedes that holding fuel duty steady will do little to cushion consumers if global prices keep rising.

Construction firms warn that diesel costs are squeezing margins across machinery, vehicles and deliveries, putting investment and project viability at risk.

Tree surgery firm Jonathan Le Maistre Ltd says the impact on vans, trucks and specialist equipment is already 'noticeable', with households ultimately set to pay more.

MoreBBC News - BusinessFuel costs squeezing margins for some businessesReutersDiesel's surge is starting to push other prices around. Here's howReutersOil shipping costs spike, lifting prices from pump to grocery
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