China raises fuel price cap in largest increase in four years as global oil surge intensifies

China raises fuel price cap in largest increase in four years as global oil surge intensifies

  • March 9, 2026

China has implemented its largest increase in retail fuel price caps in four years as international oil prices surge amid escalating conflict involving Iran in the Middle East. Authorities raised the regulated ceiling prices for gasoline and diesel across the country following a

China strengthens energy security strategy with stable oil and gas output targets in new five year plan

China strengthens energy security strategy with stable oil and gas output targets in new five year plan

  • March 9, 2026

China has signaled a stronger focus on energy security as part of its latest economic development strategy, pledging to stabilize domestic oil and gas production while expanding long term energy reserves. The commitment comes at a time of heightened global uncertainty as oil