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Fuel Prices Hold Steady Amid Global Tensions | Auckland News

Fuel Prices Hold Steady Amid Global Tensions | Auckland News

Published 3 days, 14 hours ago
Description

Fuel tax hikes are being postponed — not eliminated — with smaller, staggered increases starting in 2028, offering short-term relief but no return to pre-war prices. Despite global disruptions and heightened tensions, gas prices remain surprisingly stable at just over three dollars a liter, thanks to resilient supply chains and consumer behavior shifts. Experts warn that while oil prices may eventually fall, they’ll likely stay elevated as inventories rebuild — meaning your wallet’s still in for a longer ride at the pump.

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