Global oil supply will fall by around 3.9 million barrels daily in 2026 and undershoot demand due to disruptions, with over a billion barrels of Middle East supply already lost, says the International Energy Agency

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.

Global oil supply will fall by around 3.9 million barrels daily in 2026 and undershoot demand due to disruptions, with over a billion barrels of Middle East supply already lost,…