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Waitomo Group CEO on NZ fuel prices amidst Iran war

Author
Newstalk ZB,
Publish Date
Fri, 6 Mar 2026, 5:05pm
Photo / Getty
Photo / Getty

Waitomo Group CEO on NZ fuel prices amidst Iran war

Author
Newstalk ZB,
Publish Date
Fri, 6 Mar 2026, 5:05pm

Queues are forming at petrol stations as concerns over increasing fuel prices brought on by the war in Iran.

International oil prices have increased since the start of the war as traffic halts in the Strait of Hormuz, through which 20% of the world’s crude oil is transported.

Waitomo Group CEO Simon Parham joins Heather du Plessis-Allan to chat about the near-future of our gas prices. 

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