India Cushions Asian Gasoline Supply Drop

Indian exports may cushion drop in Asian gasoline supply amid China halt / India’s MRPL heard exporting gasoline / European gasoline barrels heard moving to Asia

Jun 02, 2026

Asian regional supplies could be supported by increased Indian exports, as Chinese export volumes are expected to decline in April following the Chinese government’s halt on gasoline exports due to disruptions at the Strait of Hormuz. The Chinese government was heard previously to have halted all exports of gasoline, only allowing cargoes that had already passed through customs in early March to continue to the intended destination, previously reported. China is a key exporter of gasoline to Singapore, a regional blend hub, which in turn is a key supplier to Indonesia, the largest buyer of gasoline in Asia, previously reported. A Singapore-based trader said that while Indian gasoline shipments may not fully offset the expected decline in Chinese exports, “at least supply won’t be as tight.” “What matters now is...

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