China lifts July fuel export restrictions for July — Reuters
The post China lifts July fuel export restrictions for July — Reuters appeared on BitcoinEthereumNews.com. China has lifted refined fuel export restrictions for July and allowed a private refiner to resume shipments after a four-month pause, Reuters reported on Wednesday, as the world’s biggest refiner returns toward normal after disruptions from the Iran war. Zhejiang Petrochemical Co., majority owned by Rongsheng Petrochemical, has been permitted to export fuel in July after it halted exports for more than three months. Two of the sources said it remains unclear if the lifting of export curbs will continue in August. US-China Trade War FAQs Generally speaking, a trade war is an economic conflict between two or more countries due to extreme protectionism on one end. It implies the creation of trade barriers, such as tariffs, which result in counter-barriers, escalating import costs, and hence the cost of living. An economic conflict between the United States (US) and China began ear