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China Halts Fuel Exports as Hormuz Crisis Tightens Global Supply

ports_congestion UTC: 2026-03-12 09:30:00

The Chinese government has moved to ban all fuel exports amid a worsening supply crunch because of the severe disruption in tanker traffic in the Strait of Hormuz. The ban covers gasoline, diesel, and jet fuel, unnamed sources told Reuters. The restrictions will take immediate...

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