Nicola Willis On Cost Of Living & Iran Fallout
Oil prices are rising. Inflation fears are back. And New Zealand’s economy is staring down another global crisis. Nicola Willis explains the Government’s plan.

Oil prices are rising. Inflation fears are back. And New Zealand’s economy is staring down another global crisis. Nicola Willis explains the Government’s plan.

Pacific leaders have declared a fuel emergency as new 350.org research claims fossil fuels are draining households worldwide through hidden subsidies, health costs and climate damage.

He says the Strait is open. Iran says no. The world watches a superpower stumble into chaos — and we all pay the price.

Iran threatens to close it. Trump says he’ll close it first. Oil spikes. Markets panic. And somehow this is meant to be strategy?
Trump swaggered into conflict pretending to be a strongman and stumbled out handing Iran leverage, chaos in the Gulf and a shudder through the global economy.

When even the most loyal insiders get cut loose, it’s no longer strategy — it’s chaos. And the war just keeps getting worse.

This isn’t just a war story. It’s your fuel bill, your groceries, and a global crisis waiting to snap.

The Iran conflict could push NZ fuel prices up by 20–50 cents per litre — with inflation and unemployment rising.

As oil supply tightens, NZ faces a fuel crisis. Why free public transport and rationing may be unavoidable after Trump’s Iran escalation.

Trump’s Iran gamble may hand Tehran victory through the Strait of Hormuz, soaring oil prices and a global economic shock.