Ash Oro @ashoro.co.uk · 05/10/2026Nor do pump prices reset instantly. Forecourts are selling fuel bought earlier, at earlier wholesale prices, often with forward contracts. Retail prices also reflect refining margins, freight, the pound-dollar rate, duty and required taxes. 160
Ash Oro @ashoro.co.uk · 05/10/2026Diesel is particularly exposed. Britain and Europe need it for freight, farming, construction, heating oil blending and industry. It is a refined-product market already under pressure, not simply “oil in a ship somewhere.” 160
Ash Oro @ashoro.co.uk · 05/10/2026Emergency reserves are useful. They buy time, calm panic and soften the immediate shortage. But they are a bridge, not new production, not refining capacity, not safe navigation and not a replacement for commercial confidence. It also reduces resilience of the system as a whole to recover later. 180
