PoliticalUpdate🇺🇸United States🇨🇳China🇮🇷Iran+16d agoPresident Trump and Chinese President Xi Jinping began their summit, with global attention focused on whether the talks could ease the U.S.-Iran conflict and reopen the Strait of Hormuz. China signaled ahead of the meeting that Taiwan — not Iran — is its primary concern, condemning a recently approved $11 billion U.S. arms package for the island.6.5/10·Oil Price (Energy Intel)·Beijing, BeijingPrimary Source ↗
Supply ChainUpdate19d agoBeijing is reversing curbs on refined fuel exports after halting shipments during U.S.-Iran conflict escalation. China's state refiners are applying for permits to resume fuel exports in May, suggesting comfortable domestic inventory levels despite broader Asian fuel shortages caused by disrupted Gulf energy flows through the Hormuz chokepoint.6.2/10·Oil Price (Energy Intel)Primary Source ↗Details →