New Zealand will temporarily permit fuel meeting Australian standards to be imported for up to 12 months, the government said on Monday, as it seeks to mitigate supply risks linked to the Middle East conflict and soaring prices.
Associate Energy Minister Shane Jones said the alignment of fuel standards would give importers access to more options and reduce the risk of disruptions.
"This is a sensible, time‑limited step that gives importers access to a broader range of fuel shipments, including those already in our region," Jones said in a statement.
But the country would not follow Australia in relaxing its own standards to allow access to higher sulphur fuel, he added.
New Zealand has 49.9 days of petrol, 45.5 days of diesel and 44.7 days of jet fuel in reserve, according to figures from the Ministry of Business, Innovation and Employment.
"There are healthy stocks of petrol, diesel and aviation fuel in the country with more on the way and the market is operating as normal," Prime Minister Christopher Luxon said.
"However ... our government is planning for scenarios where future fuel supplies could be disrupted."
On Tuesday, the government will roll out temporary measures to support the households that are most impacted by the spike in fuel prices, Finance Minister Nicola Willis said.
President Trump has issued a warning to the international community, claiming a nuclear-armed Iran would strike Israel "very quickly&quo...
Tourism across Central Asia is expanding rapidly, with millions of visitors arriving each year as the region becomes an increasingly competitive gl...
Malian authorities have launched an investigation into suspected soldiers accused of involvement in coordinated attacks on military bases carried o...
Ukraine is monitoring “unusual activity” along its border with Belarus, President Volodymyr Zelenskyy said in a video statement release...
Baku will host the 13th World Urban Forum (WUF13) from 17 to 22 May, bringing together around 25,000 participants from 176 countries to address the...
President Trump has issued a warning to the international community, claiming a nuclear-armed Iran would strike Israel "very quickly" before targeting Europe and the United States.
Tourism across Central Asia is expanding rapidly, with millions of visitors arriving each year as the region becomes an increasingly competitive global travel destination, though growth rates vary significantly between countries.
Malian authorities have launched an investigation into suspected soldiers accused of involvement in coordinated attacks on military bases carried out by militants linked to al Qaeda and separatist Tuareg rebels on 25 April 2026.
Ukraine is monitoring “unusual activity” along its border with Belarus, President Volodymyr Zelenskyy said in a video statement released on Saturday (2 May). He warned that Kyiv is ready to respond if necessary amid continued regional tensions linked to Russia’s war.
Minval Politika has released further footage it says shows former International Criminal Court Chief Prosecutor Luis Moreno Ocampo discussing alleged funding behind campaigns linked to Armenia and Azerbaijan.
Iran’s Supreme Leader Mojtaba Khamenei warned “foreigners who commit evil” have no place in the Gulf, outlining a “new phase” for the Strait of Hormuz, while a senior adviser said U.S. blockade efforts would fail and could trigger confrontation.
U.S. President Donald Trump told reporters he was "not satisfied" with Iran's latest peace proposal, which was delivered to Washington via Pakistani mediators on Friday (1 May).
Dubai chef Shaw Lash at Mexican restaurant Lila Molino flies in her avocados and tomatillos, small, tart green fruits native to Central America that are a staple of Mexican cuisine and key for her colourful and spicy dishes.
President Trump has issued a warning to the international community, claiming a nuclear-armed Iran would strike Israel "very quickly" before targeting Europe and the United States.
Malian authorities have launched an investigation into suspected soldiers accused of involvement in coordinated attacks on military bases carried out by militants linked to al Qaeda and separatist Tuareg rebels on 25 April 2026.
Ukraine is monitoring “unusual activity” along its border with Belarus, President Volodymyr Zelenskyy said in a video statement released on Saturday (2 May). He warned that Kyiv is ready to respond if necessary amid continued regional tensions linked to Russia’s war.
Japan’s Prime Minister Sanae Takaichi has pledged to strengthen relations with Vietnam, with a focus on energy security and critical minerals, following talks in Hanoi on Saturday (2 May).
Trade between Colombia and Ecuador has fallen sharply after new tariffs were imposed, with business groups warning of mounting damage to the cross-border economy.
President Trump has issued a warning to the international community, claiming a nuclear-armed Iran would strike Israel "very quickly" before targeting Europe and the United States.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment