In the global energy sector, crude oil prices drifted higher with international benchmark Brent pushing past **$102.60 per barrel** and West Texas Intermediate (WTI) rising to **$93.14**. According to Reuters, this latest price rally follows a sweeping decision by China to halt its domestic fuel product exports. Compounding these market anxieties, reports indicate that the US is deploying additional naval assets to the Middle East while urging European nations to draw down emergency diesel reserves, heavily stoking enterprise fears of prolonged global fuel shortages and localized supply chain disruptions.
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