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economics 76d ago

Nicola Willis Assures New Zealand's Fuel Supply Stable Amid Global Oil Price Surge

Nicola Willis Assures New Zealand's Fuel Supply Stable Amid Global Oil Price Surge

Nicola Willis toured New Zealand's largest fuel import terminal at Marsden Point and stated that the country currently has sufficient fuel supplies despite global energy pressures. This reassurance comes amid worries spurred by rising oil prices following geopolitical tensions involving the US, Israel, and Iran. Going forward, monitoring international developments and their impact on supply chains will be critical to maintaining fuel stability in New Zealand.

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