Corin DannRNZ·15 Jun, 2026 02:40 AM2 mins to readWestpac economists predict petrol prices could fall to under $3 a litre if the Iran-US peace deal holds. Photo / 123rfWestpac economists predict petrol prices could fall to under $3 a litre if the Iran-US peace deal holds. Photo / 123rfBy Corin Dann of RNZGood news for Kiwi motorists could be on the way, with Westpac economists estimating that the price of petrol could soon fall back to under $3 a litre for 91, if the Iran-United States peace deal holds.
Oil prices have fallen
