Too many 'ifs' around the Iran war for our Finance Minister to guarantee all will be well down the track. 

There are differing reports as to whether the Strait of Hormuz is actually open following a ceasefire deal between the US and Iran.  

New Zealand has more than 60 days of petrol and 50 of diesel. 

Nicola Willis told Mike Hosking a sustained ceasefire and movement of ships paints a better inflation picture, but it all depends on if this happens.  

She's also conscious that even when the strait opens, major energy market disruption will persist. 

LISTEN ABOVE 

Too many 'ifs' around the Iran war for our Finance Minister to guarantee all will be well down the track.&nbsp;
There are differing reports as to whether the Strait of Hormuz is actually open following a ceasefire deal between the US and Iran. &nbsp;
New Zealand has more than 60 days of petrol and 50 of diesel.&nbsp;
Nicola Willis told Mike Hosking a sustained ceasefire and movement of ships paints a better inflation picture, but it all depends on if this happens. &nbsp;
She's also conscious that even when the strait opens, major energy market disruption will persist.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Nicola Willis: Finance Minister on the OCR, inflation, ongoing impacts of the conflict in the Middle East

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/93809661-147f-442c-bd40-b4260147bc13/transcript