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If you've been to the pumps recently, you'll have noticed your wallet taking a bigger hit than it did just a few months ago. Petrol is now averaging around 137p per litre across the UK, with diesel sitting even higher at over 150p. And with global oil market instability showing no signs of easing, there's every reason to think things could get worse before they get better.
For everyday drivers — commuters, school-run parents, tradespeople, long-distance travellers — the cost of keeping a car on the road is becoming a serious household concern. But there is something you can do about it. And the solution is sitting right here on our forecourts.
The UK doesn't produce enough oil to fuel itself — we're heavily dependent on global markets, and those markets are volatile. Disruption to major international oil supply routes, driven by ongoing instability in key producing regions, has pushed wholesale oil prices sharply upward in recent weeks.
Brent crude — the global benchmark — has climbed significantly, and those increases are being passed directly on to you at the pump. It's a pattern we've seen before, and history tells us that once prices rise due to global uncertainty, they rarely fall back quickly.
"The average UK driver now spends over £1,800 a year on fuel — a figure that rises every time the oil markets are disrupted."
And there's another threat on the horizon: the Government has confirmed that fuel duty will increase from September 2026, with further annual rises linked to inflation from April 2027. For the first time in over a decade, the direction of travel on fuel tax is firmly upward.
The question isn't whether fuel costs will keep rising — it's what you're going to do about it.
Here's the good news. While petrol and diesel drivers are at the mercy of global oil prices, EV and hybrid drivers are largely insulated from them. Electricity prices are far more stable, far less exposed to geopolitical shocks — and far cheaper per mile.
Consider this: a typical petrol car costs around 17–20p per mile to run. A Hyundai KONA Electric charged at home costs as little as 7p per mile on a standard tariff — or just 4p per mile on an off-peak overnight rate. That's a saving of over 50% per mile, every single day, regardless of what's happening in global oil markets.
Switching to a Hyundai EV could cut your fuel costs by more than half — and protect you from future oil price shocks.
Check out the Hyundai EV Grant
At Read Hyundai, we stock one of the most comprehensive EV and hybrid ranges available today. Whether you're ready to go fully electric or want the safety net of a hybrid, there's a Hyundai to suit your lifestyle and budget.
Our hybrid range gives you better fuel economy and lower running costs without any range anxiety. The KONA Hybrid is perfect for those wanting a stylish, compact SUV delivering up to 63mpg — fewer pump stops, same great drive. The TUCSON and SANTA FE hybrids are especially popular with families — spacious, practical, and far cheaper to run than their petrol equivalents.
With fuel duty rises locked in for later this year and oil prices showing no sign of stabilising, the financial case for switching has never been stronger. Every month you stay in a petrol or diesel car is another month of unnecessarily high running costs.
At Read Hyundai, we have dealerships across Boston, Burton, Kings Lynn, Lincoln and Worksop, with expert teams ready to help you find the right EV or hybrid for your needs. We offer flexible finance options, and our team can walk you through the Hyundai Electric Grant to make your switch as affordable as possible.
Take control of your running costs. Book a test drive today at your nearest Read Hyundai dealership and discover how much you could save.
Ready to make the switch?
Visit https://www.read-motorgroup.co.uk/hyundai/new-car-offers/ to explore our full EV and hybrid range, check current offers, or book a test drive at a showroom near you.
