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China halted fuel exports due to Strait of Hormuz closure, raising global energy crisis fears.
China has reportedly halted exports of refined fuels like diesel and gasoline amid the closure of the Strait of Hormuz, triggering global energy market instability.
Confirming reports from Bloomberg and Zero Hedge, the move, driven by Beijing’s prioritization of domestic supply, has disrupted international logistics and raised fears of soaring fuel prices, inflation, and economic recession in the U.S. and Europe.
The crisis underscores growing vulnerabilities in global supply chains amid escalating regional tensions, though no official Chinese confirmation has been verified.
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China detuvo las exportaciones de combustible debido al cierre del Estrecho de Ormuz, aumentando los temores de una crisis energética global.