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Oil Prices Rise as Trump-Xi Summit Yields No Clear Breakthroughs on Iran War

Oil Prices Rise as Trump-Xi Summit Yields No Clear Breakthroughs on Iran War

Hopes for an end to the war in Iran faded after President Trump failed to secure a commitment from China to help persuade Iran to reopen the Strait of Hormuz.

Source: https://www.nytimes.com/2026/05/15/business/oil-stocks-gas-trump-iran.html

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