Chinese Regime’s Cap on Fuel Price Hike Is Price Gouging in Disguise, Analysts Say

China’s oil supply is hardly affected by the Iran war, while state-owned oil companies use the war as a pretext for price gouging, analysts said.

Car owners line up to refuel at a gas station in Beijing on March 23, 2026. Lintao Zhang/Getty Images

The Chinese communist regime has implemented temporary regulatory measures to limit the price hike for retail gasoline and diesel to nearly half of what it would be under its pricing mechanism—but it’s still the biggest increase since the start of this year.

Analysts told The Epoch Times that the Chinese regime is ripping off Chinese people through its state-owned oil enterprises under the pretext of international oil prices jumping because of the Iran war.