Sheffield fuel prices have continued to rise as the ceasefire between the Iran and US has been extended despite failed negotiations.

Inflation in the UK has risen to 3.3 per cent as the US Iran war is expected to increase prices to everyday living.

Petrol in Sheffield now costs between £1.52 and £1.80 per litre which is roughly 25 pence more than at the start of March, with diesel costing around £1.90 which is about a forty pence increase.

Giles Mason, 51, from North Derbyshire uses his car for work and said he has “got no choice but to pay it”.

“My day rate is going to need to go up to cover it which obviously increases costs for everybody else.”  

Sheflive spoke to others who are using their cars less to save money, including Sheffield Hallam student Katie Mellor, 20, who said: “The price increase in fuel has stopped me driving as much.

“It is too expensive to be fuelling up now.”

In a recent ITV interview, Chancellor Rachel Reeves was asked about the rise in fuel prices and she said: “The best way to bring down prices for people filling up their car or turning on their heating or electricity at home is to de-escalate this conflict which is why we have not been involved in offensive action in this war and putting our diplomatic efforts into re-opening the strait of Hormuz.”

President Trump announced through social media posts on Tuesday the ceasefire has been extended and has further peace discussions to take place after the first round failed.

However, Iran’s chief negotiator Mohammad Bagher Ghalibaf said on behalf of the Iranian president in a x post on Wednesday: “Iran remains open to negotiations, but breach of commitments, blockade and threats are main obstacles to genuine negotiations.”

With no current agreement made, inflation within the UK is set to continue to rise with experts and the Government warning petrol and diesel price rises is just the beginning of what’s to come.

They expect energy and domestic bills to go up later in the summer if the strait of Hormuz remains closed.