A new chapter begins — China has instructed its oil refineries to temporarily halt fuel exports, reports Bloomberg. According to sources, these measures are related to internal market strategies and the desire to control the situation on the energy front. As a result of this ban, overseas supplies could be significantly reduced, which in turn will impact global oil and petroleum product markets. Official comments on this matter are currently absent, but analysts are already beginning to predict changes in prices and logistics. It is not yet clear how long this restriction will last, but such a measure is clearly aimed at strengthening China’s domestic market.
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