China has imposed limits on fuel price increases as global oil prices rise following tensions linked to the Iran conflict. The move aims to manage the domestic impact of higher energy costs.

The National Development and Reform Commission said it raised the maximum retail prices for gasoline and diesel, but within controlled limits. Gasoline prices increased by 1,160 yuan per metric ton, while diesel prices rose by 1,115 yuan per metric ton. The new pricing took effect from midnight, according to the announcement.

Authorities said the adjustment follows a surge in international oil prices, which has been driven by concerns over supply disruptions linked to the Middle East situation. The government’s pricing mechanism allows adjustments based on global market trends but includes controls to avoid sharp domestic fluctuations.

Oil markets have shown volatility as geopolitical developments continue to influence supply expectations. Recent statements from Donald Trump regarding talks with Iran and a delay in planned strikes on energy infrastructure have also affected market movements.

China, one of the world’s largest energy consumers, monitors fuel prices closely to maintain economic stability. The latest decision reflects efforts to balance global price pressures with domestic economic conditions while ensuring steady fuel supply.

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