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In April, Beijing has ordered state refineries in China to halt gasoline and diesel exports.

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 As the Ukraine crisis raises supply concerns, Beijing has urged China’s state refiners to consider suspending gasoline and diesel exports in April, according to numerous individuals familiar with the situation. “This is to avert a shortage as independent refiners are under huge pressure to cut output in the face of high crude oil prices,” said one person with knowledge of the conversations.

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