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Tesco Cuts Fuel Prices at 500 UK Stations as Oil Falls
The retailer said the move could save up to £2.75 on a 55-litre diesel tank as summer travel begins.
From Friday evening, Tesco cut fuel prices by 5p per litre on diesel and 2p per litre on unleaded petrol across more than 500 filling stations nationwide, offering immediate savings to motorists.
Global oil prices fell this week following a preliminary agreement between the United States and Iran to extend a ceasefire and open the Strait of Hormuz. The reduction prompted Tesco's pricing move.
Drivers filling a typical 55-litre family car could save up to £2.75 on a tank of diesel, with savings available immediately at Tesco petrol stations across the UK.
Tesco CEO Ashwin Prasad said the retailer hopes to "bring down bills and make life a little easier for families," while recently launching Freebie Thursdays for Clubcard members.
Fuel prices remain a significant weekly expense for households, and Tesco's move reflects intensifying supermarket competition as the summer travel season begins. The timing targets budget-conscious families.