Economist warning fuel choke point could come in a fortnight
A leading economist is warning New Zealand to brace for two weeks time - which they say could be when the country experiences a real fuel choke point. Petrol has gone up about 50 cents per litre since the beginning of the war in the Middle East. The Hormuz Strait, a major shipping route for crude oil remains closed, but the government says New Zealand doesnt have a supply problem. Cameron Bagrie from Bagrie Economics spoke to Lisa Owen.
Checkpoint · RNZ
March 17, 20267m 10s
Audio is streamed directly from the publisher (flex.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
A leading economist is warning New Zealand to brace for two weeks time - which they say could be when the country experiences a real fuel choke point. Petrol has gone up about 50 cents per litre since the beginning of the war in the Middle East. The Hormuz Strait, a major shipping route for crude oil remains closed, but the government says New Zealand doesnt have a supply problem. Cameron Bagrie from Bagrie Economics spoke to Lisa Owen.
Topics
economy