🇨🇳 China is halting fuel exports to Asia and Australia. Australia relies heavily on imported aviation fuel, with China supplying about 32%. If prices reach $200 per barrel, airlines could collapse while still paying fixed costs for aircraft and crews.

Thailand’s Fishing Association says up to half of the country’s fishing fleet, about 9,000 vessels, may remain in port in the coming weeks due to diesel shortages and rising prices.

Thailand’s Energy Ministry is preparing talks with Russia on oil supplies to offset possible shortages. Officials say the country’s strategic fuel reserves will last about 98 days.

🔴 @DDGeopolitics | Socials | Donate | Advertising