#China halts gasoline and diesel exports China has ordered its largest refineries to suspend gasoline and diesel exports and even negotiate with buyers to cancel previously agreed-upon shipments. This unprecedented move comes amid the escalation...
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... of military conflicts in the Middle East and the blocking of vital crude oil supply routes to the country. Beijing's decision has immediately impacted regional markets. According to reports, the diesel refining profit margin has reached $49 per barrel, and the kerosene profit margin has exceeded $55 per barrel, the highest level in 3 years. Source: Tasnim
