China's Xi Jinping opposes Strait of Hormuz tolls, seeks more US oil

🟡 Neutral ETEnergyworld.com 2026-05-15
Chinese President Xi Jinping opposes tolls on the Strait of Hormuz and seeks to purchase more US oil to reduce dependence. This follows a previous halt to US energy shipments to China due to tariffs. The move highlights potential energy cooperation between the US and China while reflecting concerns about energy security in the Strait of Hormuz.
미이란외교유가영향석유제재중동안보에너지시장
Source: ETEnergyworld.com (energy.economictimes.indiatimes.com)
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