Trump says he is losing patience with Iran, did not ask China for favours
🔴 Tension RisingThe Business Times2026-05-16
US President Trump stated he is losing patience with Iran and did not ask China for favors. Iran has closed the Strait of Hormuz in response to US-Israeli attacks, and reopening it is contingent on the US ending its blockade. Oil prices rose around 3% due to concerns over the lack of progress in resolving the conflict.