China raised domestic fuel prices for the fourth time this year as global crude prices surged amid the Iran war, increasing costs for drivers and truckers and triggering long lines at gas stations in parts of the country.
China’s National Development and Reform Commission (NDRC) announced that retail gasoline and diesel prices would rise starting midnight on March 10. In China, the fuel prices are set by the commission, the regime’s top economic planning agency. Under the new pricing scheme, gasoline prices increased by about seven percent.
