New Zealand establishes a supervisory group to address energy risks.

date
17/03/2026
New Zealand Prime Minister Christopher Luxon stated on X platform that New Zealand is forming a ministerial oversight group to address potential energy supply disruptions that may arise from the tension in the Gulf region. Luxon said that the government will take "necessary and responsible economic and fiscal management measures." "New Zealand has ample fuel reserves - from a broader perspective, the latest proposal from the Ministry of Finance shows that we are in the best position to deal with such impacts in years." Officials are in communication with leaders from various countries to ensure the stability of fuel supply and critical production elements.