EPISODE · Mar 17, 2026 · 7 MIN
Economist warning fuel choke point could come in a fortnight
from Checkpoint
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.
What this episode covers
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.
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Economist warning fuel choke point could come in a fortnight
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