
China Adjusts Fuel Prices Amid Mideast Turmoil, Sees Long Lines at Gas Pumps
China’s government is adjusting temporary curbs on domestic fuel prices, including easing a planned increase for 300 million drivers, to mitigate the burden on consumers as global oil prices surge. Despite these efforts, long lines are observed at gas pumps, and a state refiner announced a meaningful price hike starting March 24.
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China Eases Planned Increase to Gas Prices for 300 Million Drivers
In China, where half of new cars are electric vehicles or hybrids, a vast population still depends on gas. The government stepped in on Monday to “mitigate” the pain of surging costs.
By Alexandra Stevenson and Murphy Zhao
Read full article →China sees long lines at the gas pump as Mideast turmoil hits
The China state refiner issued a notice Sunday that the price of gas will be set higher by a "meaningful" amount starting March 24.
Read full article →China limits fuel price hikes as oil costs surge: Government - The Straits Times
China limits fuel price hikes as oil costs surge: Government The Straits Times
Read full article →China limits fuel price hikes as oil costs surge - govt - Jordan Times
China limits fuel price hikes as oil costs surge - govt Jordan Times
Read full article →China limits fuel price hikes as oil costs surge — Govt
China’s government has capped fuel price increases to ease the burden on consumers as global oil prices surge due to the Middle East conflict. Read More: https://punchng.com/china-limits-fuel-price-hikes-as-oil-costs-surge-govt/
By Punch Newspapers
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