Panic Buying Leaves up to 90% of Fuel Pumps Dry in Major British Cities

  • Date: 27-Sep-2021
  • Source: Asharq AL-awsat
  • Sector:Retail
  • Country:Middle East
  • Who else needs to know?

Panic Buying Leaves up to 90% of Fuel Pumps Dry in Major British Cities

A BP petrol station that has ran out of fuel is seen in London, Britain, September 26, 2021. (Reuters)

Up to 90% of British fuel stations ran dry across major English cities on Monday after panic buying deepened a supply chain crisis triggered by a shortage of truckers that retailers are warning could batter the world's fifth-largest economy.

A dire post-Brexit shortage of lorry drivers emerging after the COVID-19 pandemic has sown chaos through British supply chains in everything from food to fuel, raising the specter of disruptions and price rises in the run up to Christmas.

Just days after Prime Minister Boris Johnson's government spent millions of pounds to avert a food shortage due to a spike in prices for natural gas, the biggest cost in fertilizer production, ministers asked people to refrain from panic buying.

But queues of dozens of cars snaked back from petrol stations across the country on Sunday, swallowing up supplies and forcing many gas stations to simply close. Pumps across British cities were either closed or had signs saying fuel was unavailable on Monday, Reuters reporters said.

The Petrol Retailers Association (PRA), which represents independent fuel retailers which now account for 65% of all UK forecourts, said members had