# Oil Market
Latest news and articles about Oil Market
Total: 2 articles found
Business
China’s Fuel Market Finds Brief Reprieve as NDRC Triggers First Price Cut of 2026
The NDRC has implemented the first domestic fuel price cut of 2026, lowering gasoline and diesel retail rates by over 500 yuan per ton. This adjustment, driven by international market fluctuations, provides immediate relief to consumers and the logistics sector after a series of price hikes earlier this year.
SoBiz2026年4月21日 13:27
#NDRC#Fuel Prices#China Economy
World
Iran’s New Maritime Calculus: The Strategic Squeeze of the Strait of Hormuz
Iran has transitioned to a 'selective transit' strategy in the Strait of Hormuz, allowing passage only to 'non-hostile' vessels that coordinate directly with Tehran. This maneuver has stranded thousands of ships and created a massive global oil supply gap, while rumors of a mandatory 'transit fee' continue to rattle international markets.
SoBiz2026年3月25日 11:27
#Iran#Strait of Hormuz#Oil Market