Resource Nationalism: China Halts October Fuel Exports, Tightening Global Diesel Squeeze

Resource Nationalism: China Halts October Fuel Exports, Tightening Global Diesel Squeeze A sense of resource nationalism is gripping the world, whether it involves copper, rare earths, other critical materials or, of course, refined crude products. Kicking off Thursday, a Reuters report said that the Trump administration has asked Germany and France to release emergency diesel inventories to help create a buffer against the supply squeeze in the industrial fuel or face a potential US diesel export ban. President Trump has floated a diesel export ban for weeks, while US oil refining executives have warned against it, saying it would only send prices higher. Now a separate Reuters report says Chinese refiners have suspended...

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