What should the government do about surging oil prices?

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What should the government do about surging oil prices?

Chancellor Rachel Reeves told petrol retailers they had a “shared obligation” to keep prices down for motorists after the Petrol Retailers Association (PRA) said "inflammatory" comments from government ministers have caused retail staff to be abused by the public.

Earlier on Friday the PRA, which represents large and small independent petrol retailers across the UK, had criticised comments by ministers around “price gouging” and “ripping off” motorists.

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Date: March 14, 2026