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US Says China Wants More Of Its Oil to Cut Middle East Reliance

Bloomberg Markets · May 14, 2026, 9:07 AM · Also reported by 2 other sources

Chinese President Xi Jinping opposes efforts to charge a toll to navigate the Strait of Hormuz and is interested in purchasing more US oil to reduce its dependence on the waterway in the future, according to a White House official.

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US Says China Wants More Of Its Oil to Cut Middle East Reliance

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