China hikes gasoline, diesel prices for second time in fortnight

BEIJING: (Apr 7) China on Tuesday announced an increase in gasoline and diesel prices for the second time in about a fortnight due to rising international oil prices triggered by the ongoing war in West Asia.

China’s top economic planner, the National Development and Reform Commission (NDRC), announced that the new round of price hikes will take effect from Wednesday.

China already increased gasoline and diesel prices on March 23 as part of preparations for a fuel crisis amid apprehensions around the current US-Israel-Iran war.