{"id":76741,"date":"2026-03-18T09:57:36","date_gmt":"2026-03-18T00:57:36","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2026\/mar\/18\/new-zealand-economy-global-oil-shocks"},"modified":"2026-03-18T09:57:36","modified_gmt":"2026-03-18T00:57:36","slug":"isolated-and-exposed-can-new-zealands-fragile-economic-recovery-withstand-the-global-oil-shock","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=76741","title":{"rendered":"Isolated and exposed: can New Zealand\u2019s fragile economic recovery withstand the global oil shock?"},"content":{"rendered":"<p>New Zealand economic growth tipped to overtake Australia\u2019s this year but Middle East conflict casts a shadow over outlook<\/p>\n<p>Just as New Zealand\u2019s fragile economic recovery shows flickers of improvement \u2013 with economists predicting its annual growth could surpass that of its larger neighbour Australia \u2013 it is facing a new threat: the war in the Middle East.<\/p>\n<p>New Zealand is particularly exposed to the energy shocks produced by the conflict \u2013 and to economic crises generally \u2013 with the small, isolated nation highly dependent on global trade and tourism.<strong> <\/strong>It is susceptible to disruptions in supply chains and shipping.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2026\/mar\/18\/new-zealand-economy-global-oil-shocks\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Zealand economic growth tipped to overtake Australia\u2019s this year but Middle East conflict casts a shadow over outlookJust as New Zealand\u2019s fragile economic recovery shows flickers of improvement \u2013 with economists predicting its annual growth could &#8230;<\/p>\n","protected":false},"author":5219,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[41,536,56,42],"tags":[],"class_list":["post-76741","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-australian-economy","category-new-zealand","category-world-news"],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/76741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/5219"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=76741"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/76741\/revisions"}],"predecessor-version":[{"id":76742,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/76741\/revisions\/76742"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=76741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=76741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=76741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}