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Energy

How long will it take for fuel to drop below $3 again?

How long will it take for fuel to drop below $3 again?

The war in Iran has forced fuel prices to skyrocket, so if the war ended today, how long would it take them to come down?

New Zealand

6:00am

A worker collects engine oil as he works at a degassing station in Zubair oil field in Iraq.

Why stopgap measures will fail to curb fuel price rises

A record amount of oil has been taken off the market since the start of the Iran war, with tankers full of crude stranded in the Persian Gulf and military strikes damaging refineries, pipelines and export terminals.

World

Thursday 5:30pm

Marsden Point.

Diesel storage boosted at Marsden Point by $21.6m funding

The Government has signed off funding to recommission tanks at the former refinery, adding about eight days’ worth of diesel supply to New Zealand’s reserves.

Politics

Thursday 12:16pm

Airlines passing on fuel surcharges while there are calls to prioritise emergency aviation services.

Jet fuel stocks down in latest data, Govt assesses alert phases

Slight decrease across all three fuel types since the last update on March 30, but movements "remain within expectations", the ministry said.

New Zealand

Wed, Apr 1

Health NZ accused of unlawfully requiring home-visit carers to provide their own cars and pay for petrol.

Home-based carers forced to cover fuel and car costs

Aged care advocates say the fuel crisis has exposed a longstanding problem, with home-based carers shouldering hidden costs.

Health

Tue, Mar 31

How long will it take for fuel to drop below $3 again?

How long will it take for fuel to drop below $3 again?

The war in Iran has forced fuel prices to skyrocket, so if the war ended today, how long would it take them to come down?

New Zealand

6:00am

A worker collects engine oil as he works at a degassing station in Zubair oil field in Iraq.

Why stopgap measures will fail to curb fuel price rises

A record amount of oil has been taken off the market since the start of the Iran war, with tankers full of crude stranded in the Persian Gulf and military strikes damaging refineries, pipelines and export terminals.

World

Thursday 5:30pm

Marsden Point.

Diesel storage boosted at Marsden Point by $21.6m funding

The Government has signed off funding to recommission tanks at the former refinery, adding about eight days’ worth of diesel supply to New Zealand’s reserves.

Politics

Thursday 12:16pm

Airlines passing on fuel surcharges while there are calls to prioritise emergency aviation services.

Jet fuel stocks down in latest data, Govt assesses alert phases

Slight decrease across all three fuel types since the last update on March 30, but movements "remain within expectations", the ministry said.

New Zealand

Wed, Apr 1

Health NZ accused of unlawfully requiring home-visit carers to provide their own cars and pay for petrol.

Home-based carers forced to cover fuel and car costs

Aged care advocates say the fuel crisis has exposed a longstanding problem, with home-based carers shouldering hidden costs.

Health

Tue, Mar 31

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Electricity Bill stock photo

Terrible timing but pending power price increase justified - ComCom

Now is the best time to check and change power plans, the head of a power bill comparison website says.

Business

Tue, Mar 31

Close-Up of Man Refueling Vehicle at Gas Station Pump. File photo.

Businesses urged to stay vigilant amid fuel theft concerns

Police said there had not been a notable rise in fuel-related crime yet, but a senior officer has warned that when there was a supply issue, illegal behaviour could follow.

Crime and Justice

Tue, Mar 31

Countries across Asia have taken measures to reduce fuel consumption.

Short weeks and free transport – the fuel crisis responses NZ could copy

The effective closure of the Strait of Hormuz has forced governments overseas to get creative.

World

Tue, Mar 31

Diesel is now more expensive than unleaded 91 octane petrol on average, according to user generated fuel price tracking app Gaspy.

Why diesel now costs more than petrol

Global conflict, rising refining costs and strong demand have flipped a decades‑old fuel pricing trend.

New Zealand

Mon, Mar 30

Latest official fuel stocks data – how much does NZ have?

Latest official fuel stocks data – how much does NZ have?

The data, published this afternoon, showed an increase across petrol and diesel compared with the previous update.

New Zealand

Mon, Mar 30

Speaking to Breakfast's Tova O'Brien, the Prime Minister said the Government was considering changes to tax settings and potentially further "targeted" support for New Zealanders.

Scheduled 12c per litre petrol tax hike 'unlikely' to go ahead - PM

Transport Minister also hinted at scrapping the increases last week.

Politics

Mon, Mar 30

Close-Up of Man Refueling Vehicle at Gas Station Pump. File photo.

Latest gauge of NZ's fuel supplies to be released today

It was the diesel stocks that farmers said they would be keeping an eye on.

New Zealand

Mon, Mar 30

Rewiring Aotearoa CEO Mike Casey speaks to Q+A's Jack Tame.

Fuel price blowouts push NZ towards electrification – advocate

The cherry orchadist estimates 8.5 million machines – cars, trucks and industrial tools – could be electrified now, with today’s technology.

New Zealand

Sun, Mar 29

NZ's fuel alert system - what you need to know

NZ's fuel alert system - what you need to know

Fuel remains readily available, but the Government has refreshed its response framework amid Middle East uncertainty. 1News explains the alert system and when it would kick in.

Politics

Fri, Mar 27

PM says the relief is targeted at the genuinely squeezed middle lower income working New Zealanders. 

Govt releases unscheduled fuel update after diesel concerns

Six "on water" vessels discharging or moving between New Zealand ports were carrying 11.6 days of diesel, 19.8 days of petrol cover, and 11.7 days of jet fuel.

Politics

Thu, Mar 26

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Petrol prices are on the rise (illustration).

How much fuel is in the country? Latest figures released

National prices have climbed by around 55 cents per litre for petrol and 90 cents per litre for diesel since the start of the war in the Middle East.

New Zealand

Wed, Mar 25

Petrol prices are on the rise (illustration).

'Fails to meet the crisis': Govt fuel relief draws opposition reaction

"The situation demands far more than what was announced today," says Greens co-leader Marama Davidson.

Politics

Tue, Mar 24

Prime Minister Christopher Luxon and Finance Minister Nicola Willis unveiled the cost-of-living relief package earlier this afternoon.

Details of Govt's fuel cost relief released - in-work tax credit boost

The temporary boost to the in-work tax credit will also expand eligibility to about 14,000 additional working families, who will receive the credit at a reduced rate.

Politics

Tue, Mar 24

 motorist fills up petrol in Sydney, Australia.

Govt eases fuel rules to allow Australian‑spec petrol and diesel

The temporary change was aimed at reducing supply disruption risks by widening the pool of fuel New Zealand importers can access.

Politics

Mon, Mar 23

EVs are increasing the use of electricity in some households.

More than 2500 new EV chargers to be rolled out in NZ

The Government's $52.7 million zero-interest loans would go to ChargeNet and Meridian Energy, who are co-investing a combined $60m in capital.

Environment

Mon, Mar 23

Speaking to Breakfast, Finance Minister Nicola Willis said she was conscious of the acute cost of living pressures ahead for households in the wake of the Iran war.

Is the Govt's 'worst-case' inflation scenario not bad enough?

Finance Minister Nicola Willis might be being optimistic if she thinks inflation at 3.7% is a "worst case scenario", one economist says.

New Zealand

Sun, Mar 22

Several petrol stations ran out of fuel on Thursday and Friday. Photo: RNZ / Quin Tauetau

Fuel crisis: AA warns against panic buying and stockpiling

Several Gull, Foodstuffs, and Tasman Fuels stations ran out of petrol and diesel on Thursday and Friday, as the crisis deepened in the Middle East.

Business

Sun, Mar 22

It comes as Kiwis face anxiety over fuel security as the war in the Middle East disrupts global supply lines.

NZ prepares for fuel uncertainty as it eyes prolonged Mideast conflict

Prime Minister Christopher Luxon has warned the fuel situation could get worse before it gets better.

Politics

Fri, Mar 20

Nicola Willis (left) and Christopher Luxon (right).

'Things could get worse' PM warns, Willis outlines main risks to fuel supply

"I do want to be straight with New Zealanders — things could get worse before they actually get better," Luxon said, following a briefing from officials.

Business

Thu, Mar 19

National Party deputy leader and finance spokeswoman Nicola Willis.

Full video: Luxon and Wills speak to media about fuel, GDP

It comes after it was revealed New Zealand's economy grew in the final quarter of 2025.

Politics

Thu, Mar 19

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