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Trump, Xi Pledge Strait of Hormuz Remains Open

By Al Jazeera · Summarized & edited by · 2026-05-15
Trump, Xi Pledge Strait of Hormuz Remains Open
SkimNews Take

The shared interest in stable energy markets, rather than a unified geopolitical stance, appears to be the primary driver of US-China cooperation on the Strait of Hormuz.

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Why it matters: Global oil traders gain stability as the pledge keeps oil shipments flowing, averting price spikes that would hurt consumer economies and increase inflationary pressure significantly.

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