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Story summary
- New Zealand will provide cash payments to nearly 150,000 families to assist with rising fuel costs, as announced by Prime Minister Christopher Luxon.
- Families with children will receive an additional NZ$50 ($29) weekly for one year or until petrol prices fall below NZ$3 per litre for four consecutive weeks.
- In Israel, military airstrikes targeted Hezbollah infrastructure in southern Beirut, resulting in over 1,000 deaths and displacing around 1 million people.
- Oil prices increased slightly after a previous decline, contributing to ongoing market volatility concerns.
