Multiple bearish factors strike suddenly! China reportedly suspends refined oil exports, U.S. military sends more troops to the Middle East, international oil prices soar over 4% in a single day.

Zhito Finance APP has learned that the international crude oil market was once again ignited on Thursday by supply-side and geopolitical news. Oil prices closed sharply higher for the day, with Brent crude settling up more than $4, as the market worried that China's suspension of refined product exports and the U.S. troop buildup in the Middle East could further worsen already tight global fuel supplies.