Transport policy and research charity
The CMA reports fuel margins have remained broadly steady since late February, with March showing margins near last year’s high levels. While some retailers have seen elevated margins, the watchdog says the overall picture is consistent with ongoing pressure from Middle East turmoil on wholesale costs. The RAC Foundation estimates drivers have shouldered substantial extra costs across petrol and diesel since the conflict began.
Global oil markets have eased after a peace deal in the Middle East, triggering expected cuts in local fuel prices. South Africa and the UK report smaller pump-price movements as markets reflect calmer conditions; East Africa debates subsidy and stabilization measures while Rwanda notes volatility in imports.