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11 Aug 2022 10:47
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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.

    © 2022 Newstalk ZB, NZCity

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