Fuel price rises causing growing fleet anxiety
The potential for further fuel price rises and fuel rationing is causing growing anxiety among fleets.
Fuel prices have been rising again in recent days as the continued war in Iran pushes up wholesale prices, with both the RAC and AA warning of further increases to come.
Fleetcheck has reported that some fleets are responding by introducing measures such as closer control of fuel purchasing and accurate monitoring of fuel use
Peter Golding, CEO, said: “Petrol prices are now at a high for 2026 while diesel isn’t far behind and, with the possibility of a lasting ceasefire seemingly unlikely at this point in time, fleets are increasingly concerned about the likelihood of fuel price escalation into not just quarter three but quarter four and 2027.
“They’re anxious that, at a time when general fleet costs are under pressure, fuel prices may start to spiral. The fear is that, while oil producers are looking for alternative routes to alleviate supply issues, the current situation could persist for not just months but years.”
He continued: “Fleets that aren’t carrying out the basics of fuel management have some wriggle room to make improvements but if you’ve ticked off all those boxes, you have little alternative but to pay higher pump prices and either see your margins eroded or pass on higher costs to customers. It’s a genuine concern.”
