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On March 14, local time, New Zealand Prime Minister Ardern announced a reduction in fuel taxes, with a tax reduction of 25 cents per liter of fuel (1 New Zealand dollar = 100 points), temporarily for three months
.
At the same time, public transport fares were halved
during this period.
Ardern said that the reason for the high oil price is the conflict between Russia and Ukraine, and the impact on New Zealand oil prices will be long-term
.
At present, New Zealand oil prices have exceeded 3 New Zealand dollars (about 13 yuan)
per liter.
High oil prices have even contributed to the recent decline in the support of the ruling Labour Party
.