UK Watchdog Clears Fuel Retailers of War Profiteering but Flags Stubbornly High Margins

The CMA found no evidence of profiteering tied to the Iran war, yet prices remain well above pre-conflict levels and retailer margins sit at historically high 2025 levels. The watchdog said most retailers use "passive pricing strategies" to sustain margins and will launch a detailed road fuel market review in autumn 2026. Motoring groups called the margins very concerning.