Simon Parham: Waitomo Group CEO on the impact of the Middle East conflict on fuel prices

from The Mike Hosking Breakfast · host Newstalk ZB

More people have been filling up at petrol stations as prices climb.   The Waitomo Group says there's been a 15-20% increase in demand in the past week.  Chief Executive Simon Parham says pump prices have gone up from about 10 to 20 cents a litre.   He told Mike Hosking it's because they buy their product on a weekly basis.   Parham says with short sharp shocks it's very hard to avoid price increases.  LISTEN ABOVE   See omnystudio.com/listener for privacy information.

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