Aletho News

ΑΛΗΘΩΣ

Chinese jet fuel and the myth of energy independence

Inside China Business | April 8, 2026

Except for in Russia and (ironically) Iran, the war in the Persian Gulf has blown up energy markets everywhere. Worldwide, no country is self-sufficient in all its energy needs, and disruptions in a supply chains anywhere result in major problems everywhere. China is the largest refiner of jet fuel in Asia-Pacific, and has enormous reserves of crude stashed away, which can last months. But immediately after the war on Iran began, China locked down its exports of jet fuel. The effect on prices across Asia was felt immediately, with costs more than doubling in just six weeks. In the United States, fuel prices also soared, and also by over 100%. 

Resources and links:

$140, and going higher: That’s the real price of oil, right now. Oil traders will be wiped out.    • $140, and going higher:  That’s the real p…  

Singapore’s major oil source is blocked and experts warn Australians will pay https://www.abc.net.au/news/2026-04-0…

Australia and Japan face jet fuel supply crunch as China cuts exports https://www.scmp.com/economy/china-ec…

Daily Jet Fuel Spot Prices https://www.airlines.org/dataset/argu…

America’s energy independence https://no01.substack.com/p/americas-…

US crude oil exports decreased by 3% in 2025 despite higher production (+3%) https://www.enerdata.net/publications…

Petroleum & Other Liquids, Imports by Country of Origin https://www.eia.gov/dnav/pet/pet_move…

China set to extend fuel export ban with small exemptions, sources say https://www.reuters.com/world/asia-pa…

South Korea to enforce 5-day vehicle rotation system as Mideast conflict hits energy supplies https://www.aa.com.tr/en/asia-pacific…

April 9, 2026 - Posted by | Economics, Wars for Israel | , , , , ,

Sorry, the comment form is closed at this time.