Fuel crisis package: $50 a week extra for some families

Prime Minster Christopher Luxon and Finance Minister Nicola Willis at today's announcement. Image: RNZ Fuel prices have skyrocketed in the wake of the US-Israel attack on Iran, reaching $4 a litre in some NZ locations.Government officials warn prices likely to stay high for another 100 days, even if the war ends today.The relief package targets low- to middle-income working families and will be temporary. The government has to date insisted NZ still has enough fuel, with more on the way.NZ has not committed to helping secure the Strait of Hormuz, despite NATO suggesting it has.The Reserve Bank governor is warning of higher inflation and weaker economic growth. By Craig McCulloch of RNZ Almost 150,000 families will receive an extra $50 a week for up to a year to help ease the pain from soaring petrol prices driven up by the war in the Middle East.