China Sends Fuel to Struggling Southeast Asia Despite Export Ban

Despite a ban on fuel exports from early this month, China has delivered cargoes of diesel and other fuels to Southeast Asia in recent days in a sign that Beijing seeks to alleviate the regional crisis and retain diplomatic leverage.

Two weeks after the war in the Middle East began and after it became clear that the Strait of Hormuz wouldn’t be re-opening within days, China banned all fuel exports as crude supply from the Middle East crumbled and forced Asian refiners to turn to alternatives.

The restrictions took immediate effect on March 12 and applied to all cargoes that had not passed through customs as of March 11.

Over the weekend, cargoes from China were observed to arrive at ports in the Philippines and Vietnam, two of the Southeast Asian countries worst hit by the supply loss from the Middle East.

The Ding Heng 36 and Auchentoshan tankers this weekend delivered over 260,000 barrels of diesel to the Philippines, according to ship-tracking data compiled by Bloomberg. Another vessel, Great Ocean, delivered around 100,000 barrels of distillate fuels to Vietnam this weekend, the data showed.

The cargoes may have been cleared for export before the Chinese ban. They would still come as some relief to the struggling Southeast Asian nations that found themselves short on fuels and amid a major oil shock supply and price crisis.

Related: 3 Defense Stocks To Replenish America’s Depleting Arsenal

The Philippines, for example, last week declared a national energy emergency, the first country in the world to do so, after gasoline and diesel prices doubled since the war began. The Philippines depends on imports from the Middle East for 98% of its oil needs.

Vietnam, for its part, temporarily removed the value-added tax on gasoline, diesel, and jet fuel until April 15, while local airlines will slash routes as of April 1 amid a major aviation fuel crunch.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com



Source link

Visited 1 times, 1 visit(s) today

Related Article

Iran's Foreign Minister Abbas Araghchi

China keeps Iranian oil moving through Hormuz as war reshapes trade

In early March, a Chinese-owned oil tanker moved through the Strait of Hormuz. It was one of just three vessels to pass through the strait that day. Only one of them — carrying Iranian crude — is bound for China. Iran war live updates: For the latest on the Middle East conflict, read our blog.

Xi Jinping and Vladimir Putin shaking hands

Analyst warns US could lose conflict if China’s Iran support goes unchecked

Gatestone Institute senior fellow Gordon Chang joins ‘Mornings with Maria’ to warn China’s support for Iran could escalate the conflict and raise risks of a broader global war ahead of President Donald Trump’s Beijing trip. The growing alignment between China, Russia, and Iran raises new concerns about the trajectory of the conflict in the Middle

Wondering where China’s cyber effort will go next? Just read the five-year plan

Wondering where China’s cyber effort will go next? Just read the five-year plan

Most cyber analysis begins with incidents. It should begin with intent. Adversaries sometimes declare strategic priorities, yet cyber incidents that align with them are not assessed accordingly. We should in fact be guarding against intrusions before they happen by taking note of foreign and industrial policies that indicate where they’re likely to concentrate. This methodology

A Mercedes Benz car showroom from the outside with large logo

German Firms Trapped Between US And China, Study Finds

Germany’s largest companies are deeply entangled with rival businesses in China and the US, and unable to escape either superpower, according to new research published today [30 March 2026] by the University of Sussex and King’s College London. While it is widely known that Germany is caught between the US and China, this new research

Toyota's China Problem Is Getting Harder To Ignore — TradingView News

Toyota Reports 2.3% Sales Drop as China Weakness Deepens — TradingView News

Toyota Motor Corp. TM is starting to show early signs of strain as February data points to softening demand in key markets, particularly China, where competition in electric vehicles continues to intensify. The company reported a 2.3% year-over-year decline in global sales to 806,905 units, with Toyota and Lexus brand sales in China falling 13.9%

Russia Sends Nuclear-Capable Tu-95 Bombers Toward Japan in Regional Power Play

China Reportedly Goes Submarine Hunting Near Okinawa, Japanese Fighters Scrambled — UNITED24 Media

Japan scrambled fighter jets after detecting a Chinese military aircraft operating over the East China Sea, with early assessments suggesting the platform may be a new or modified submarine-hunting variant. Japan’s Ministry of Defense reported on March 30 that an Air Self-Defense Force response was triggered after a Chinese patrol aircraft was spotted flying southwest of Okinawa on March 28. We bring you stories from the ground.

Toyota's China Problem Is Getting Harder To Ignore — TradingView News

Toyota’s China Problem Is Getting Harder To Ignore — TradingView News

Toyota Motor TM is starting to feel the heat, with February sales slipping 2.3% year over year to 806,905 units as pressure builds in China and demand softens at home. The biggest drag came from China, where Toyota and Lexus sales dropped 13.9%, while production fell 11.5%. The company partly blamed the shifting timing of

China Strategic Technology Group posts loss for year rmb463.4 million

USPACE Technology Group Ltd, formerly Hong Kong Aerospace Technology Group Ltd is an investment holding company mainly engaged in electronic manufacturing services (EMS) business. The Company operates its business through three segments. The EMS Business-Smart Home Device segment is principally engaged in the production of printed circuit board assemblies (PCBAs) and fully assembled electronic products,

China's expanding role in Central Asia: Economic dominance and geopolitical risks

China and Kyrgyzstan – stages of interaction

Editor’s note: Moses Becker is a special political commentator for News.Az. He holds a PhD in political science and specializes in interethnic and interreligious relations. The views expressed in this article are the author’s own and do not necessarily reflect the position of News.Az. As part of the former Soviet Union, the Kyrgyz SSR was

China launches Dongbi Index to challenge impact factor dominance

China launches Dongbi Index to challenge impact factor dominance

Image: Shutterstock.com/Ikkiae001 Chinese researchers have introduced a new methodology for evaluating medical and life science journals that moves beyond the traditional reliance on journal impact factors, in a development seen as part of wider efforts to strengthen the country’s “academic discourse power”. According to the South China Morning Post two new Dongbi Index journal lists

Pak offers to mediate between Iran and US after Gulf FMs meet, gets China’s support

Pak offers to mediate between Iran and US after Gulf FMs meet, gets China’s support

Pakistan said on Sunday (March 29, 2026) that it is ready to “host and facilitate meaningful talks” between the United States and Iran to bring an end to the month-long war that has destabilise the region. Outlining growing support for its peace efforts, including from the United Nations and China, Pakistan issued a statement after

Avatar of Adrian Leung

solid-state batteries may need 5–10 years to reach 1% market share

Ouyang Minggao said solid-state batteries may require 5 to 10 years to reach a 1% market share, adding a longer-term adoption estimate to his earlier comments on the technology’s rollout, according to China News Weekly. The estimate adds a market adoption timeline to earlier disclosures from the same event, which focused on vehicle-level deployment and

Hundreds of Travellers Abandoned across China as Airports of Shanghai, Beijing, Guangzhou, Shenzhen, Changsha and more Face 223 Flight Delays and 45 Cancellations, Impacting China Eastern, China Southern, Hainan Airlines, Air China and Several other Carriers, New Update

Hundreds of Travellers Abandoned across China as Airports of Shanghai, Beijing, Guangzhou, Shenzhen, Changsha and more Face 223 Flight Delays and 45 Cancellations, Impacting China Eastern, China Southern, Hainan Airlines, Air China and Several other Carriers, New Update

Home » Airlines News of China » Hundreds of Travellers Abandoned across China as Airports of Shanghai, Beijing, Guangzhou, Shenzhen, Changsha and more Face 223 Flight Delays and 45 Cancellations, Impacting China Eastern, China Southern, Hainan Airlines, Air China and Several other Carriers, New Update Published on March 30, 2026 Image generated with Ai The

Provenance of the K7QW-TIE-1 artefact and associated fragments from Pit 7 at Sanxingdui. a-1. Top-down view of the artefact-bearing deposit in Pit 7; a-2. Relative location of K7QW-TIE-1 within the pit; b. The three detached fragments from K7QW-TIE-1, arranged from left to right as Fragment 1–3.  Credit: H. Li et al. 2026, Archaeological Research in Asia

A Discovery That Defies the Bronze Age: Unusual Metal Artifact Found in China May Have Extraterrestrial Origins

A groundbreaking archaeological discovery in southwestern China is reigniting global curiosity about ancient technologies—and even the possibility of materials originating beyond Earth. At the center of this debate is a mysterious metal object uncovered at the renowned Sanxingdui archaeological site, a location already famous for rewriting what historians know about early Chinese civilization. Now, this

TARS 1-Year Stock Price Chart

How China TP-03 Approval and US$15 Million Milestone Could Shape Tarsus Pharmaceuticals (TARS) Investors

In March 2026, Tarsus Pharmaceuticals announced that its partner Grand Pharmaceutical Group secured National Medical Products Administration approval in China for TP-03 (XDEMVY) to treat Demodex blepharitis, triggering a US$15,000,000 milestone payment to Tarsus and confirming TP-03 as the first approved therapy addressing the disease’s root cause in Greater China. This approval not only validates

map of strait of hormuz

Chinese-linked ships turned back at Strait of Hormuz after IRGC Navy warning

Sen. Tommy Tuberville, R-Ala., discusses Iran allowing non-hostile ships to transit the Strait of Hormuz and Democrats’ continued opposition to I.C.E. funding on ‘The Evening Edit.’ At least three Chinese-linked vessels reportedly turned back abruptly after attempting to cross the Strait of Hormuz last Friday, signaling an unusual move in typically friendly Tehran‑Beijing relations amid

Company in the News: XPeng

Company in the News: XPeng

By Savannah Billman — March 29, 2026 Like the rest of China’s auto industry, XPeng, one of the country’s largest EV manufacturers, has struggled with falling sales prices amid stiff domestic competition. In response, it is seeking to boost earnings by expanding into AI systems in hardware such as robots and cars, known as physical

GAC Toyota launches bZ7 electric sedan with Huawei tech to boost China sales

GAC Toyota launches bZ7 electric sedan with Huawei tech to boost China sales

The Toyota bZ7, the second model developed primarily by a local Chinese team, starts at 147,800 yuan ($21,380) after limited-time incentives. The sedan features Huawei’s smart cockpit and Momenta’s autonomous driving assistance technology. (Toyota bZ7. Image credit: GAC Toyota) A Toyota joint venture in China has launched the new bZ7 pure electric sedan, seeking to

China-Singapore Youth Dialogue Wraps Up with Focus on AI, Innovation

China-Singapore Youth Dialogue Wraps Up with Focus on AI, Innovation

SINGAPORE, SG / ACCESS Newswire / March 29, 2026 / The China-Singapore Youth Dialogue concluded in Singapore on March 25, bringing together young participants to exchange ideas on technology, culture and sustainability under the theme “Building Tomorrow: Youth Voices United.” People’s Daily A total of 12 youth panelists from China and Singapore participate in three

LONGi breakthrough in flexible tandem technology selected as one of China's top 10 scientific advances

LONGi breakthrough in flexible tandem technology selected as one of China’s top 10 scientific advances

The high-efficiency and stable flexible perovskite-silicon tandem solar cell technology, jointly developed by LONGi Green Energy and Soochow University, has been recognized by China’s ZGC Forum as one of the country’s top 10 scientific advances in 2025, marking a major breakthrough for China in the core technologies of next-generation photovoltaics. The achievement is one of

0
Would love your thoughts, please comment.x
()
x