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Source: ITP Media Group

Chinese Fuel Exporters Halt Shipments Amid Persian Gulf Refined Product Reductions

Chinese fuel exporters have cancelled planned October shipments of diesel and gasoline to safeguard domestic inventories. The export halts follow reduced refined product flows from the Persian Gulf caused by refinery outages and shipping constraints. Supply deficits along Asia-Gulf trade routes were further compounded by an extension of Russian diesel export restrictions.

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