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Green Fuel Gains Policy Opportunities Again
With the ongoing Middle East conflict and volatile international oil prices, domestic gasoline and diesel prices increased by 1,160 yuan and 1,115 yuan per ton respectively on March 23. Gasoline (standard grade) prices in various provinces and cities surpassed 10,000 yuan per ton, marking an increase of over 20% compared to a month ago. The rise in oil prices is transmitting through the supply chain. At the terminal, truck drivers face increased pressure; upstream, it also poses significant challenges to the production and operation of refining industries.