𝕏xIN first seen 1 d ago, last 2 h ago, peak #1

China halts diesel exports as fuel stockpiling fears spread

Original: China just halted diesel exports. India is holding product back. Washington is draining the last of the SPR and ordering

China has halted diesel exports while India holds refined products back and Washington drains the last of its Strategic Petroleum Reserve, prompting claims that governments are quietly preparing for a supply shock. Observers find it striking that these moves come even as the Strait of Hormuz remains open and Saudi Arabia is pumping oil at high levels.

Why now: Major consumers restricting fuel exports and draining reserves suggests expectations of a disruption, fuelling speculation about an imminent oil supply crisis.

ChinaIndiaUnited StatesSaudi ArabiaStrait of Hormuz

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Evidence

• China just halted diesel exports. India is holding product back. Washington is draining the last of the SPR and ordering allies to open theirs. All while Hormuz is wide open and Saudi is pumping like never. Sure. That tracks. · Mark4XX · 204

Elsewhere

• 𝕏xCN #3 · 55 min ago

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