📰 **How China and U.S. eased the Middle East oil shock and kept prices from spiking even higher**

China and the U.S., the world's two largest economies, wield great influence over the oil market and are using it to help plug the supply gap.

🔗 https://www.cnbc.com/2026/05/15/china-us-oil-iran-war-strait-hormuz-trump-xi.html

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