China temporarily curbed domestic gasoline and diesel price hikes to ease the impact of surging global oil prices, raising prices by 1,160 yuan and 1,115 yuan per ton—below the calculated increases of 2,205 yuan and 2,120 yuan. Experts said the government may implement fiscal or tax support measures if international oil prices continue rising, aiming to stabilize supply and protect consumers.

2026-03-23

China temporarily curbed domestic gasoline and diesel price hikes to ease the impact of surging global oil prices, raising prices by 1,160 yuan and 1,115 yuan per ton—below the calculated increases of 2,205 yuan and 2,120 yuan. Experts said the government may implement fiscal or tax support measures if international oil prices continue rising, aiming to stabilize supply and protect consumers.