ZB ZB
Opinion
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

'No need to panic': Nicola Willis addresses fuel supply concerns amid ongoing conflict

Author
Newstalk ZB,
Publish Date
Thu, 19 Mar 2026, 6:12pm
 Prime Minister Christopher Luxon and Finance Minister Nicola Willis during their update on fuel supply amid the Middle East conflict, Parliament, Wellington, New Zealand, March 19, 2026. Herald photograph by Mark Mitchell
Prime Minister Christopher Luxon and Finance Minister Nicola Willis during their update on fuel supply amid the Middle East conflict, Parliament, Wellington, New Zealand, March 19, 2026. Herald photograph by Mark Mitchell

'No need to panic': Nicola Willis addresses fuel supply concerns amid ongoing conflict

Author
Newstalk ZB,
Publish Date
Thu, 19 Mar 2026, 6:12pm

The Finance Minister says South Korea and Singapore will continue to export fuel, as concern rises over continuity of supply. 

The Government says they'll now give twice-weekly stock updates - as the war in Iran pressures global oil prices. 

Nicola Willis says South Korea's limiting orders to 2025 levels,  but New Zealand has a strong relationship with Singapore. 

"Including an agreement that we will prioritise them in areas of critical shortage, particularly food, and they'll prioritise us in the areas of critical shortage, particularly fuel."

LISTEN ABOVE

Take your Radio, Podcasts and Music with you