China June fuel exports to rise slightly amid curbs
China expects a slight rise in June fuel exports as Beijing maintains supply curbs. State firms now require monthly approval amid crude supply disruptions.
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China will increase refined fuel exports to roughly 550,000 metric tons in June, excluding Hong Kong, up from 500,000 tons in May. Beijing is maintaining export curbs for a fourth month to protect domestic supply after Iran nearly closed the Strait of Hormuz. Tightened controls limit global supply despite lucrative export margins.
