May 14, 2026 | 07:23 pm

TEMPO.CO, Jakarta - Chinese President Xi Jinping and U.S. President Donald Trump have reached an agreement that the Strait of Hormuz must remain open to ensure the uninterrupted flow of global energy, according to a White House statement released Thursday following a high-stakes summit in Beijing.According to NBC News, the official White House statement focused predominantly on the conflict in Iran and the precarious situation in the Strait of Hormuz, notably omitting any mention of the Taiwan issue.The White House noted that President Xi reiterated China’s opposition to the militarization of the Strait of Hormuz, as well as any attempts to impose transit fees on vessels navigating the strategic waterway.Furthermore, Xi expressed China’s interest in increasing its procurement of American oil, a move intended to reduce Beijing’s future reliance on the Strait of Hormuz.The two leaders also reached a consensus that Iran must not be allowed to possess nuclear weapons.A White House official added that Trump and Xi discussed efforts to bolster economic cooperation, including expanding market access for U.S. firms in China and incentivizing Chinese investment in American industrial sectors.The dialogue also underscored the importance of stemming the flow of fentanyl precursors to the United States and increasing Chinese purchases of American agricultural exports.Meanwhile, China’s state-run Xinhua News Agency reported a warning from Xi, who cautioned that bilateral relations could slide into confrontation or even open conflict if the Taiwan issue is not managed with due care.Xi also emphasized that the economic ties between China and the U.S. remain mutually beneficial, capable of yielding significant gains for both nations.According to Xinhua, the two superpowers agreed to build a stable and constructive bilateral relationship, intended to serve as a roadmap for strategic engagement over the next three years and into the future.Read: Xi Warns Trump Taiwan Mishandling Could Spark China-US ClashClick here to get the latest news updates from Tempo on Google News