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7 Mar 2026 18:59
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      Home > News > Business

    The boss of Waitomo Gas expects a hike to fuel prices over the next week as conflict in the Middle East continues

    The boss of Waitomo Gas expects a hike to fuel prices over the next week as conflict in the Middle East continues


    Crude oil and gasoline prices are soaring as the Strait of Hormuz remains closed, choking oil supply.

    Waitomo Gas Chief Executive Simon Parham says the conflicts had a big impact, with some gas-stations already nearing three-dollars for 91 gasoline.

    He says Waitomo gas prices will probably rise around 5-10 cents a litre for 91, and diesel about 15-20 cents in the next week.

    © 2026 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    Blues coach Vern Cotter is leaning into their ugly recent record against the Crusaders ahead of tonight's Super Rugby encounter at Eden Park More...

    BUSINESS BUSINESS
    Fonterra dairy farmers now appear to be weeks away from a major pay day More...


     Today's News

    		 Rugby:
    Blues coach Vern Cotter is leaning into their ugly recent record against the Crusaders ahead of tonight's Super Rugby encounter at Eden Park 18:37

     Entertainment:
    Christian Bale believes everyone has "chaos to them" 18:35

     Rugby:
    Blues loose forward Torian Barnes holds no grudges against the Crusaders as he prepares to start against them tonight at Eden Park 18:07

     Entertainment:
    Hailey Bieber "magically" got pregnant with her son - despite facing a potentially serious medical condition 18:05

     Entertainment:
    Harry Styles has questioned what he's "adding to the world" 17:35

     Accident and Emergency:
    All lanes on State Highway 3 near Otorohanga are now open following the discovery of human remains yesterday 17:27

     International:
    'Mini supreme leader' Mojtaba Khamenei could soon rise, but he's already the 'power behind the robes' 17:07

     Entertainment:
    Christina Applegate knew her first marriage was destined to fail - even as she was walking down the aisle 17:05

     Motoring:
    A person's died following a crash in Karitane, North of Dunedin 16:57

     Rugby League:
    Rabbitohs coach Wayne Bennett has ruled out striking a deal to sign Zac Lomax, insisting it's time the star winger lives with the consequences of his controversial exit from Parramatta 16:57

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