Oil panic spreads: China has just told their largest oil refiners to SUSPEND exports of diesel and gasoline. Oil in China just hit $100 a barrel. Japan and South Korea scramble over gasoline surge too.

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If Asia’s biggest energy importers are already scrambling, the global fuel shock may only be getting started.



First Japan. Then South Korea. Oil panic meetings begin as gasoline spikes and the Strait of Hormuz crisis starts hitting Asia.

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