Is New Zealand about to run out of fuel?
The ceasefire between the US and Iran was announced Wednesday. Oil prices dropped 16 percent overnight. Markets rallied. For a moment it felt like the crisis was over.
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Is New Zealand about to run out of fuel?
A ceasefire has been announced. Oil prices dropped overnight. But petrol is still above $3 a litre and supply chains don't heal overnight. Here's where New Zealand actually stands — and how exposed we really are.
Building Blocks
Why is fuel so expensive right now?
Petrol hit $4 a litre in Auckland last weekend. Diesel up nearly 90 cents in a month. Here's what's actually going on — all the pieces, the full picture.
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Why is fuel so expensive right now?
Petrol hit $4 a litre in parts of Auckland last weekend. Diesel has risen nearly 90 cents a litre in a single month. At some stations, diesel now costs more than 91 octane petrol — something almost unheard of.