Oil prices are high but could be much worse. Trump has China's Xi to thank for that
· economictimes.indiatimes.com
China's vast oil reserves and reduced imports helped stabilize global prices. This strategy mitigated the impact of the ongoing conflict in the Middle East. The nation's energy self-reliance plan proved effective in weathering market volatility. While tensions persist, China's actions softened price increases for many nations. This approach is seen as a vindication of President Xi's long-term energy strategy.
Live Events
China's stockpiles helped Xi weather the storm - so far
Oil industry experts say the moment remains tenuous
Deep differences between Trump and Xi...