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المشهد العربي
Chinese refiners halt fuel exports
Oil refineries in China have announced that they will suspend the export of petroleum products outside of Hong Kong and Macau regions, in order to strengthen domestic supplies and protect strategic reserves, until further notice. This decision comes amid pressure on global oil markets due to supply shortages from the Middle East and Russia, and is expected to drive international oil prices to unprecedented levels. Most contracts for October had been used before the suspension was announced, and the future of resuming exports remains uncertain after the official holiday ends.
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