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Asia Pacific Report
From MIL OSIPost

Pacific fuel crisis cost region nearly $1 billion in six months, NZ briefings reveal

November 13, 2026

By Kaya Selby of RNZ Pacific Officials say the fuel crisis triggered in late February due to the war United States war on Iran has cost the Pacific region nearly a billion dollars in its first six months. Briefings to New Zealand Foreign Minister Winston Peters ahead of the Pacific Islands Forum (PIF) leaders’ summit