Oil prices edged higher as investors awaited talks between U.S. President Trump and Chinese President Xi Jinping, focusing on economic gains and geopolitical issues like the Iran war. Despite concerns over interest rate hikes, crude futures saw slight increases, with analysts warning of potential price surges if the Strait of Hormuz remains shut.

While not immune to disruptions in Hormuz, Beijing has used numerous approaches to reduce its vulnerability

Trump is expected to encourage China to convince Iran to make a deal with Washington to end the Middle East war, but analysts doubt that Xi will be willing to push Tehran too hard.

International Business News: Oil prices edged higher on Thursday as traders remained cautious ahead of US President Donald Trump’s meeting with Chinese President Xi Jinping in Bei.

Oil prices edged higher as investors awaited talks between U.S. President Trump and Chinese President Xi Jinping, focusing on economic gains and geopolitical issues like the Iran…

Oil prices ease as Trump meets Xi in China

The meeting of the superpowers will likely be overshadowed by the war in the Middle East, which has seen the crucial Strait of Hormuz effectively closed - sending global energy…

US and Chinese presidents agree the strait must be open for the free flow of energy

Oil prices rose Friday on news that China has agreed to purchase oil from America

Global crude oil prices climbed more than 1% on Friday after US President Donald Trump said he would not remain “much more patient” with Iran, while fears over attacks on ships…

Global crude benchmarks jumped after President Trump said Beijing agreed to purchase American oil amid disruptions in the Strait of Hormuz. China has yet to confirm the deal, as…

O preço do petróleo sobe com o mercado atento às tensões no Oriente Médio e ao Estreito de Ormuz, apesar do encontro conciliador entre Trump e Xi Jinping.

Oil prices edged up on Thursday, with markets focusing on the high-stakes meeting between U.S. President Donald Trump and Chinese President Xi Jinping to see if it will yield any…

Oil prices surged this week as U.S. President Trump and Iran's foreign minister exchanged remarks, dampening hopes for a near-term agreement on ship attacks around the Strait of…