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China orders immediate ban on March fuel exports, sources say – Markets

March 12, 2026
in Business
China orders immediate ban on March fuel exports, sources say - Markets

SINGAPORE: Beijing has ordered refiners to stop refined fuel exports in March with immediate effect, to manage potential domestic fuel shortages caused by the Middle East conflict, four sources with knowledge of the matter said on Thursday.

China raises fuel oil import quotas by 3mn tons for non-state firms

The ban, issued by the National Development & Reform Commission (NDRC), includes shipments of gasoline, diesel and aviation fuel, the sources said.

Tags: fuel exportsNational Development & Reform Commission
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