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China Raises Gasoline and Diesel Prices After Oil Surges 12% on Middle East Tensions

businessenergy-marketsoilworldchina 1 posts · 1 accounts

China is raising gasoline and diesel prices starting July 18, following a nearly 12% weekly jump in global crude oil costs.

The pricing adjustment comes as renewed tensions in the Middle East push oil prices higher, with U.S. gasoline nearing $4 per gallon again.

From the sources (1 posts)

@oilandenergy

China is raising gasoline and diesel prices from July 18 after global crude surged on renewed Middle East tensions. The move follows a nearly 12% weekly jump in oil prices, while U.S. gasoline is nearing $4 per gallon again. #China #Oil #Ga

Preview built on a synthetic news corpus (16 weeks, Apr–Jul 2026). Impact calls are model reads, not price data.

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