It hinges on supply chains and the reality that New Zealand is the downstream island in a shared fuel system," he told SBS News.He explained that the supply chain is "closely integrated with Australia’s through shared shipping routes, wholesale markets, and, as of last week, aligned fuel specifications".After the Albanese government reduced petrol and diesel standards to boost supply, the New Zealand government confirmed that its fuel standards would be temporarily aligned with Australia's."Our fuel specifications are already very similar to Australia's Fuel refined to Australian standards is compatible with New Zealand vehicles and meets safety and quality expectations," associate energy minister Shane Jones said.Following Albanese's statement that the global economic situation could worsen over the coming months, Australia's neighbour across the Tasman will surely be keeping a close eye.For the latest from SBS News, download our app and subscribe to our newsletter.