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.
If Asia’s biggest energy importers are already scrambling, the global fuel shock may only be getting started. BREAKING: China has just told their largest oil refiners to SUSPEND exports of diesel and gasoline. This is NOT good. — Brian Krassenstein (@krassenstein) March 5, 2026 BREAKING: An oil tanker has been hit by a "large explosion" …