According to the National Development and Reform Commission, since the last adjustment of domestic refined oil product prices on August 28, the conflict between the US and Iran has escalated once again, leading to a sustained and significant surge in international crude oil prices. In particular, crude oil prices in the Middle East region experienced another abnormal spike.

In an effort to mitigate the impact of rising international oil prices on the domestic market, temporary control measures have been implemented for domestic refined oil product prices, while maintaining the existing pricing mechanism framework. Based on calculations under the current pricing mechanism, the prices of domestic gasoline and diesel (standard products) were set to increase by 435 yuan and 420 yuan per ton respectively on September 11. After regulatory adjustments, the actual increases implemented were 260 yuan and 250 yuan per ton.