China's Xi Jinping opposes Strait of Hormuz tolls, seeks more US oil
🟡 NeutralETEnergyworld.com2026-05-15
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.