America News Agency

New Zealand Prime Minister Christopher Luxon said that rising petrol prices are putting pressure on family budgets, stating: "We know this is tough, and the last thing any family needs right now is more pressure on their budget."

Luxon emphasized that these pressures are global, saying: "Thanks to the steps New Zealand has taken to rebuild the economy, we are in a stronger position than two years ago to deal with the effects of the conflict in the Middle East."

Luxon underlined that they will continue to manage the economy responsibly and support the people of New Zealand during this unpredictable period, adding: "We will provide the stable economic management needed to minimize the impact on households."