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No evidence of widespread fuel price-gouging, watchdog says
Key takeaways
- Jemma Crew Business reporter Getty Images There is no evidence of widespread price-gouging by UK fuel retailers in the weeks after the US-Israel war with Iran began, according to the competition watchdog.
- The Competition and Markets Authority (CMA) said profit margins overall were "broadly unchanged" between February and March.
- In March, the CMA announced it would "step up" monitoring of petrol and diesel prices after the Middle East conflict caused wholesale prices to spike.
Jemma Crew Business reporter Getty Images There is no evidence of widespread price-gouging by UK fuel retailers in the weeks after the US-Israel war with Iran began, according to the competition watchdog.
The Competition and Markets Authority (CMA) said profit margins overall were "broadly unchanged" between February and March.
In March, the CMA announced it would "step up" monitoring of petrol and diesel prices after the Middle East conflict caused wholesale prices to spike.
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