According to changes in oil prices in the international market, domestic gasoline and diesel prices will increase by 300 yuan and 290 yuan per ton, respectively, starting at 24:00 on July 17. Yang An, head of energy and chemical research at Haitong Futures, said in an interview with China News Agency Guoshi Express that the main reason for this increase in oil prices is that international oil prices have once again ushered in a round of rise in the past period. The background of the rise is that the memorandum of understanding reached between the US and Iran was once again torn down, transportation in the Strait of Hormuz was blocked, crude oil exports to the Middle East were restricted, and the tightening of global crude oil supply led to a rise in international oil prices. The increase in domestic oil prices this time is relatively limited. For the domestic economy as a whole, the magnitude is relatively easy to absorb and digest, and the impact on the economy is also relatively manageable.

According to changes in oil prices in the international market, domestic gasoline and diesel prices will increase by 300 yuan and 290 yuan per ton, respectively, starting at 24:00 on July 17. Yang An, head of energy and chemical research at Haitong Futures, said in an interview with China News Agency Guoshi Express that the main reason for this increase in oil prices is that international oil prices have once again ushered in a round of rise in the past period. The background of the rise is that the memorandum of understanding reached between the US and Iran was once again torn down, transportation in the Strait of Hormuz was blocked, crude oil exports to the Middle East were restricted, and the tightening of global crude oil supply led to a rise in international oil prices. The increase in domestic oil prices this time is relatively limited. For the domestic economy as a whole, the magnitude is relatively easy to absorb and digest, and the impact on the economy is also relatively manageable.