Wake Up Call: Easter fuel price rise?

Shipping schedules are being thrown into disarray with the Suez blockage.

Mon, 29 Mar 2021

Summary The Suez Canal blockage continues, with hopes of a king tide to enable a refloat of the stranded monstrous container ship the last hope to head off what could be weeks before it is able to be dug out. Meanwhile, fuel prices in New Zealand are more likely to go up because of Easter travel than fuel price rises caused by the blockage.Easter fuel bounce Easter is more likely to cause fuel price rises for New Zealanders, rather than any issues caused by the Suez Canal, which is a conduit for oil to Europe. Crude price rises last week p...

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