According to CoinMeta, at 24:00 tonight, the retail prices of refined oil in China will see their fifth reduction of the year, with gasoline and diesel prices lowered by 230 yuan and 220 yuan per ton respectively, which translates to a decrease of 0.18 yuan and 0.19 yuan per liter. Affected by the geopolitical situation in the Middle East, the change rate of crude oil has shown negative fluctuations, and the prospects for the reopening of the Strait of Hormuz in the short term are uncertain, so international oil prices may remain high with relatively strong volatility. A new round of crude oil price changes has begun, with the first-day increase being 150 yuan per ton, and the next pricing adjustment window will open at 24:00 on August 28th.