The Government's working to stay ahead of the effects of the war in Iran.

Crude oil prices have topped $100 USD a barrel for the first time since 2022, and our petrol prices surged another 14 cents over the weekend.

An economic security Ministerial Oversight Group is being set up - to focus on fuel and supply chains.

Associate Energy Minister and Resources Minister Shane Jones says it'll need high-quality, regular information.

"In respect of logistics, supply lines and shipping arrangements, this needs to be stood up ASAP."

LISTEN ABOVE

• Analysts say 10 vessels attacked in Strait of Hormuz so far in Iran war
• Trump says decision to end war will be 'mutual' with Netanyahu
• Ramadan War: Tehran caught between ruined blocks and fragile normality
• Helen Clark speaks on Govt’s ongoing response to Iran war
• 'Gonna fall pretty soon': Trump says Cuba next after Iran
• Israel launches 'broad-scale' strikes on Tehran; Iran showers Israel with cluster bombs