Chancellor Urged to Abandon Fuel Duty Hike as Petrol Prices Soar to Post-Iran War High

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Economy

4 August 2026 at 9:40 am

Chancellor Urged to Abandon Fuel Duty Hike as Petrol Prices Soar to Post-Iran War High

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Summary

Chancellor John Healey is facing increasing pressure to abandon the planned Fuel Duty hike as petrol prices reach a new post-Iran war high, with figures indicating families have spent £500 million more this summer due to high costs.

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