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13.05.2026 8:30
Xi set to welcome Trump from a position of strength The US president is due to visit China from Wednesday, at a time when he is embroiled in the conflict with Tehran, of which Beijing is a partner. Meanwhile, the oil and gas crisis linked to the blockade of the Strait of Hormuz has spared China, which had taken steps to protect itself from this type of risk.

13.05.2026 9:00
How Long Can theUS Be theOilSupplierof Last Resort? What do the Federal Reserve and the US oil industry have in common? In todays war-torn market, both are the supplier of last resort. One provides dollars; the other barrels. But thats where the similarities end. The central bank can print the currency at ease; the drillers cannot.