Boris Johnson should sack Priti Patel over her department's handling of the Ukrainian refugee crisis, the leader of the Liberal Democrats has said.
Petrol prices expected to hit £1.50 per litre amid crisis in Ukraine
22.02.2022 - 18:55 / manchestereveningnews.co.uk
Petrol prices are expected to rise and hit the 'grim milestone' of £1.50 per litre after Russian troops entered eastern Ukraine.
Oil prices increased on Tuesday (February 22) to their highest level since September 2014 as concerns mounted over the reliability of supplies, with Brent crude exceeding 99 US dollars a barrel.
This is likely to lead to an increase in fuel prices as retailers pass on the rise in wholesale costs.
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Fuel prices are already at record highs.
Figures from data firm Experian Catalist show the average price of a litre of petrol at UK forecourts is £1.49, while diesel costs £1.53.
RAC fuel spokesman Simon Williams said: “Russia’s decision to invade Ukraine is already causing oil prices to rise and will undoubtedly send fuel prices inexorably higher towards the grim milestone of £1.50 a litre.
"The price of oil is likely to go above 100 US dollars and stay there on the back of traders fearing future disruptions in supply.
“This spells bad news for drivers in the UK struggling to afford to put fuel in their cars.
“With retailers quick to pass on any wholesale price rises they experience, we could sadly see the average price of unleaded hit £1.50 in the next few days and diesel approaching £1.54.”
In the House of Commons today, Boris Johnson admitted there could be a spike in gas and oil prices as a consequence of “Putin’s venture”.
Asked what assessment the government had made on energy and oil prices amid the crisis, Mr Johnson said: "One of the risks of Putin’s venture is that there could be a spike in gas prices, in oil prices…
“The government will do everything we can to mitigate it and help the people in this country but it’s one of the reasons why the whole of Western Europe has got to end
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