Live Update 
From the Liveblog of
Monday, March 23, 2026
From the Liveblog of
Monday, March 23, 2026
China puts limits on fuel price hikes as oil costs surge amid Iran war
Add ToI as a Preferred Source on GoogleChina has limited the amount by which the country’s fuel costs can rise, the government announces, as oil prices have surged due to the Middle East war.
China’s state planner, the National Development and Reform Commission (NDRC), says it hiked the maximum retail prices for gasoline and diesel by 1,160 yuan ($168) and 1,115 yuan per metric ton, respectively, starting from midnight.
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