UK regulator says no evidence fuel retailers taking advantage of Middle East crisis
01/06/2026 12:02
UK regulator says no evidence fuel retailers taking advantage of Middle East crisis LONDON, June 1 (Reuters) - Britain's competition regulator has found no evidence that retailers had altered their fuel pricing strategies to take advantage of the Middle East crisis, the watchdog said on Monday.
The Competition and Markets Authority's analysis indicated that elevated wholesale prices continued to explain most of the increase in pump prices in March and into April, it said in a statement.
(Reporting by Sam Tabahriti; writing by Muvija M; editing by Michael Holden)
((Muvija.M@thomsonreuters.com; within the UK: +44 7776813338, outside the UK: +91 80 61822698; Twitter: https://twitter.com/muvija_m;))
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