Fuels: West Dorset
The question
To ask the Secretary of State for Energy Security and Net Zero, what regulatory measures his Department is considering to improve transparency in fuel pricing in West Dorset following the conflict in Iran.
Answered by Martin McCluskey
Fuel markets are governed by competition and consumer protection law, overseen by the Competition Market Authority (CMA). The Government and the CMA are closely monitoring petrol and diesel prices in light of instability in the Middle East, and the Chancellor and Secretary of State recently met with fuel retailers to set out a clear message: unfair practices will not be tolerated.
We are also engaging regularly with refiners, importers and distributors to ensure any emerging risks are identified and managed promptly. The government has also introduced the statutory Fuel Finder, which will increase transparency for UK road fuel prices and the CMA have the power to take enforcement action for non-compliance.
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