China Resumes October Refined Fuel Exports After Golden Week Holiday Pause

China is resuming refined fuel exports for October after a brief pause during the Golden Week holiday, with authorities approving around 3.7 million metric tons of combined diesel, gasoline, and jet fuel shipments. The restart follows curbs originally introduced in March to safeguard domestic supplies amid disruptions from the Iran conflict. Beijing subsequently eased restrictions between July and September and transitioned its quota policy to a month-by-month review system. The renewed flows are expected to provide supply relief to tight regional and global refined product markets while moderating refining margins.