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UK Petrol Pump Prices Soar to Record High

The average UK gasoline price at the pump surged to a fresh record on Monday, according to the RAC motoring organization.

The cost of unleaded petrol -- a British term for gasoline -- hit 169.61 pence ($2.12) a liter on Monday, RAC data show. That’s up from 168.67 pence on Thursday last week. Diesel edged lower on Monday to 181.37 pence a liter, down from 181.48 the day before.