Search

China cuts jet fuel exports 40%, creating supply crunch for Australia, Japan

China's jet fuel exports fell nearly 40% month-on-month in March to 204,000 barrels per day, reportedly driven by US-Israel tensions with Iran. Australia and Japan, heavily dependent on Chinese supplies as Asia-Pacific's largest exporter, face significant supply disruptions and are seeking alternative sources. The causality between Iran tensions and Chinese export cuts requires verification.