The Government's working to stay ahead of the effects of the war in Iran
The Government's working to stay ahead of the effects of the war in Iran
9 March 2026
Crude oil prices have topped 100 US dollars a barrel for the first time since 2022 - and our petrol prices surged another 14 cents over the weekend.
An economic security Ministerial Oversight Group's being set set up - to focus on fuel and supply chains.
Associate Energy Minister and Resources Minister Shane Jones says it'll need high-quality, regular information.
He says this needs to cover logistics, supply lines and shipping arrangements - and should be stood up as soon as possible.
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