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Nicola Willis: Finance Minister on New Zealand's fuel supplies, next steps amid ongoing uncertainty
Published 1 month, 1 week ago
Description
The Government admits its walking a fine line between being prepared and causing panic.
It's considering a raft of possible measures like car-less days, limits on petrol sales, and the introduction of fuel coupons if oil prices continue to rise.
Iran's threatening to keep the critical Strait of Hormuz closed for the foreseeable future.
Nicola Willis told Mike Hosking New Zealand's still in a good place right now, with a secure 50-day fuel supply.
She says they're proactive in case the situation changes, further down the track.
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