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China limits fuel price hikes as oil costs surge: Government

World News

23-03-2026 | 06:03

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China limits fuel price hikes as oil costs surge: Government

China has limited the amount by which the country's fuel costs can rise, the government announced Monday, as oil prices have surged due to the Middle East war.

China's state planner, the National Development and Reform Commission (NDRC), said it hiked the maximum retail prices for gasoline and diesel by 1,160 yuan ($168) and 1,115 yuan per metric tonne respectively, starting from midnight.

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