China Flips the Switch on Fuel Exports as Asia Runs Short
OilPrice.com1 min read
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Beijing is reversing its curbs on refined fuel exports after halting shipments in the opening days of the U. S. -Iran conflict.
This move suggests that Chinese domestic inventories are now at comfortable levels, allowing state refiners to reopen the export spigot, even as much of Asia remains gripped by a fuel shock caused by disrupted Gulf energy flows through the Hormuz chokepoint.
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Original source: OilPrice.com