# China to Raise Gasoline and Diesel Prices as NDRC Cites Higher Crude and U.S.–Iran Tensions

*Saturday, September 12, 2026 at 6:17 AM UTC — Hamer Intelligence Services Desk*

**Published**: 2026-09-12T06:17:04.177Z (2h ago)
**Category**: markets | **Region**: Global
**Importance**: 7/10
**Sources**: OSINT
**Permalink**: https://hamerintel.com/data/articles/17589.md
**Source**: https://hamerintel.com/summaries

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**Deck**: China’s economic planner will lift retail gasoline and diesel prices from Saturday, saying higher international crude costs driven in part by rising U.S.–Iran tensions are feeding through to the pump.

China is about to increase domestic fuel prices, tying the move directly to higher global crude costs amid escalating tensions between the United States and Iran.

From Saturday, retail gasoline prices will rise by 260 yuan per tonne and diesel by 250 yuan per tonne, according to state news agency Xinhua. The National Development and Reform Commission (NDRC) said the adjustment reflects climbing international oil prices and pointed to U.S.–Iran frictions as a key factor.

China’s pricing system links domestic fuel rates to international crude benchmarks. When global prices move beyond a certain range, the NDRC changes capped retail prices for gasoline and diesel to keep them aligned.

The increases mean higher costs for drivers and for diesel‑reliant sectors such as freight and industry. Households, logistics firms and factories will all feel the effect as fuel bills rise.

The NDRC’s statement underlines how instability around major oil producers and shipping routes quickly feeds through to China’s domestic energy costs. The scale and pace of any further adjustments will depend on what happens next to international crude prices and to tensions around Iran.