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What analysis, if any, of recent uncertainty in the Middle East and its effect on domestic fuel prices was provided to Ministers, and by which agency, in support of the reasoning given for the fuel excise decision on 31 August 2026?

Answered Question 38361 (2026)
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Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • What analysis, if any, of recent uncertainty in the Middle East and its effect on domestic fuel prices was provided to Ministers, and by which agency, in support of the reasoning given for the fuel excise decision on 31 August 2026?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I have considered a range of analysis from the Ministry for Cities, Environment, Regions and Transport about the impacts of the conflict in the Middle East on fuel prices. These impacts were considered before Cabinet made final decisions on the rates of fuel excise duty on 31 August 2026.