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27 Oct 2025 13:52
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  •   Home > News > Business

    Pain at the pump is only set to get worse - as the cost of importing fuel hits a record high

    Pain at the pump is only set to get worse - as the cost of importing fuel hits a record high


    Last week importers paid one-dollar-59 for 91 and a-dollar-62 for 95... that's a spike of 10 cents from the week prior, and up a whopping 90 cents on a year ago.

    AA Motoring's Terry Collins doesn't see prices easing anytime soon.

    He says Europeans travelling for summer holidays, and a return to air travel are putting further strain on an already limited fuel supply due to Russia's invasion of Ukraine.

    © 2025 Newstalk ZB, NZCity

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     26 Oct: Trade Minister Todd McClay and the European Union Trade Commissioner have adopted a joint declaration to focus on reducing costs and boosting bilateral trade
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     Today's News

    Motoring:
    Liam Lawson narrowly misses track marshals running across F1 Mexico City Grand Prix track 13:47

    Motorsports:
    Satisfaction for McLaren's Lando Norris after winning the Mexican Grand Prix from pole position 13:47

    Golf:
    Kiwi golfer Steven Alker has blitzed the field in the latest PGA Tour Champions event in Arkansas  13:27

    Equestrian:
    Another accolade for leading equestrian rider Tim Price 13:07

    Technology:
    ACCC sues over Microsoft 365 subscription hikes allegedly misleading millions of Australians 12:37

    Dunedin:
    A crash between two cars - one towing a caravan - has blocked State Highway 1 north of Dunedin 12:27

    Motoring:
    F1 Mexico: Lando Norris wins and leads Formula 1 standings, Oscar Piastri fifth in Mexico City Grand Prix 12:07

    Business:
    NZ’s first marine reserve is turning 50 – the lessons from its recovery are invaluable 12:07

    Netball:
    No rush to determine any change in personnel in the Silver Ferns' backroom 11:57

    Cricket:
    Central Stags pace bowler Blair Tickner has been added to the Black Caps squad for the two remaining ODI matches against England 11:07


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