The oil price shock that hit New Zealand earlier this year in the wake of the Iran war is far from over, and Kiwis may soon have to again fork out for higher petrol prices.

1 - When global oil prices spike, they hit New Zealand hard and they hit fast.

The oil price shock that hit New Zealand earlier this year in the wake of the Iran war is far from over, and Kiwis may soon have to again fork out for higher petrol prices.