Attacking public transport subsidies during oil crisis misunderstand how bad Trump has blundered
As oil supply tightens, NZ faces a fuel crisis. Why free public transport and rationing may be unavoidable after Trump’s Iran escalation.

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.

The Iran war highlights New Zealand’s dangerous reliance on imported oil and the urgent need for electrification, EV adoption and renewable energy independence.

The NZX50 plunged 420 points in one of the biggest single-day drops since Covid, as global markets panic over the escalating US-Israel war with Iran and surging oil prices.

Trump’s escalation with Iran risks destabilising the Middle East and sending oil to $150 a barrel. What that could mean for New Zealand fuel prices and global instability.