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China Resumes Curbs on Fuel Exports, Tightening Global Energy Markets
China has started limiting exports of refined products again as its own inventories of crude oil and refined products have dwindled.
The European Union is bracing for a confrontation with China as a trade deficit exceeding $1 billion a day heightens anxiety over potential job losses and pushes the bloc’s political leaders to take a more aggressive approach toward its second-largest trading partner.
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