The Finance Minister says these increasing fuel prices will be tough on Kiwis as the Middle East conflict continues on.

Fuel supplies remain stable with the Strait of Hormuz still blocked, but petrol and diesel prices have continued to surge.

US President Donald Trump's threatening to obliterate all Iran's bridges and power infrastructure - if Iran doesn't do what he wants by tomorrow.

Nicola Willis says New Zealand is experiencing a price shock in line with the rest of the world - and it's tough.

LISTEN ABOVE