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Explained: What could the Iran conflict do to fuel prices?

Author
Newstalk ZB,
Publish Date
Mon, 9 Mar 2026, 7:59pm
(Photo / File)
(Photo / File)

Explained: What could the Iran conflict do to fuel prices?

Author
Newstalk ZB,
Publish Date
Mon, 9 Mar 2026, 7:59pm

There's growing concerns about the economic impacts of the war in Iran.

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

Harbour Asset Management's Shane Solly says these attacks are directly impacting key fuel sources, which has got economists worried about future prices.

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