Beijing's Tight Grip on Fuel Exports: A Middle East War Strategy The ongoing Iran conflict has sparked a cautious response from China, as it prioritizes domestic energy security over eased curbs on fuel exports.
Despite global oil prices being at an all time high and national reserves seeming ample, Beijing has adopted a dual track approach.
This month, refined fuel export restrictions were lifted, but compliance requirements for refiners have been introduced to safeguard domestic stockpiles.