Petrol prices hit a record high

The video discusses the sharp rise in petrol and diesel prices, affecting even thrifty motorists. It highlights the lack of sufficient public transport as an alternative and explains the economic factors contributing to the increase, such as the rising wholesale price of oil and currency devaluation. The video also covers the impact of taxes and fuel duty on prices and speculates on future trends, considering economic growth and political responses with an upcoming election.

What percentage of the petrol price goes to the government in taxes?

What are the implications of rising oil prices on motorists?