China orders suspension of diesel and petrol exports

Refiners must halt shipments and cancel contracts

Trade & Tariffs Supply Chain & Logistics Oil & Gas
Business Times ·
Change
China directed refiners to immediately suspend diesel and petrol exports and stop new export contracts.
Why it matters
The directive blocks outbound shipments and requires renegotiation or cancellation of existing contracts, prioritising domestic supply.
Implications
  • — Refiners must cancel or renegotiate contracts — export revenue disrupted
  • — Importers must secure alternative supply — shortages risk operational impact

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Business Times
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