Economy Made Simple #14 | Oil shocks and war: What it means for NZ now - and in the future
From Money Made Simple by Simplicity
March 24, 2026 · 16 min · Season 1 · Episode 14
About this episode
Shamubeel Eaqub discusses the impact of rising oil prices due to Middle East conflict on New Zealand's economy.
In this episode of Economy Made Simple, Shamubeel Eaqub breaks down the recent surge in oil prices driven by conflict in the Middle East - and what it means for NZ households, businesses and the wider economy. While price shocks like this are not new, the episode highlights why they may become more frequent and what we need to think about as a country, as we prepare for the future. This episode covers: What’s behind the current spike in oil prices, and why conflict in the Middle East has gl...
People in this episode
Host: Shamubeel Eaqub
Topics covered
- oil prices
- Middle East conflict
- New Zealand economy
- price shocks
- future planning
Keywords
- oil shocks
- Middle East
- New Zealand
- economy
- price spikes
- future planning
Mentioned in this episode
Places: Middle East, NZ
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