US Says Chinese Leader Xi Opposes Strait of Hormuz Toll
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Chinese President Xi Jinping opposes charging a toll in the Strait of Hormuz, a White House official said, in an apparent reference to Iran’s effort to monetize its control of the waterway where roughly a fifth of the world’s oil and liquefied natural gas normally transit.
Xi talked about that and the potential purchase of more US oil at a meeting with President Donald Trump in Beijing today, the official said. China’s readout didn’t include energy in the list of topics the two presidents discussed, although it did say the pair talked about the Middle East.