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NZ Herald·3 min read·medium

Kiwis wake to spike in petrol prices amid fresh United States attacks on Iran

H
Herald Reporters
Kiwis wake to spike in petrol prices amid fresh United States attacks on Iran
AI Summary

Petrol prices in New Zealand have spiked following U.S. military strikes on Iran and subsequent threats to shipping in the Strait of Hormuz. Economists warn that persistent oil price shocks could complicate inflation control efforts by the Reserve Bank.

Motorists awoke this morning to petrol prices at the pump spiking about 10c a litre in some places after the United States launched a fresh wave of attacks on Iran.

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Kiwis wake to spike in petrol prices amid fresh United States attacks on Iran — Headlinne — headlinne