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UK regulator says no evidence fuel retailers taking advantage of Middle East crisis

Mon, 01st Jun 2026 12:10

LONDON, June ​1 (Reuters) - ⁠Britain's competition regulator ​has found no ​evidence ‌that retailers ⁠had altered their fuel ⁠pricing ​strategies to take advantage of the ​Middle ‌East crisis, the watchdog said on ​Monday.

The Competition and ‌Markets Authority's analysis indicated that ‌elevated wholesale prices continued to explain ​most of the increase in ‌pump prices in March and ⁠into ⁠April, it ‌said in a statement. (Reporting ​by ​Sam ‌Tabahriti; writing by Muvija M; editing by Michael Holden)

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