25 Feb 2022

Why attacks on Ukraine will put NZ fuel prices up

From Checkpoint, 5:29 pm on 25 February 2022

The crisis in Ukraine has sent oil prices skyward, topping US$105 a barrel.

But the government is reassuring New Zealanders the supply here is in good shape, because it comes from the Middle East.

But in a global market, the rising cost of oil has repercussions for a huge swathes of society.

Sam Olley explains.