New Zealand's Petrol Stocks Rise as Jet Fuel Reserves Decline
New Zealand government data show the country's petrol stockpile has grown while jet fuel reserves have fallen. Debate over the Iran crisis and fuel supply security continues.
According to RNZ, official figures show a clear rise in New Zealand's petrol stockpiles. Counting the fuel in country together with shipments already on the way, the cover is now equivalent to 59 days of consumption. By contrast, jet fuel stocks have slipped to 50.2 days and diesel to 45.2 days.
The figures land alongside continuing debate over supply security through the Iran-Israel war. The government previously confirmed it had discussed symbolic fuel-rationing options. Industry representatives say further investment is needed in storage capacity.
The drop in jet fuel reserves is forcing airline operators to revisit flight planning as Middle East routings shift. Air New Zealand said it could adjust schedules and pricing in the coming weeks. The government has said it has planned for the use of strategic reserves if the crisis lengthens.
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