Oil edges up ahead of Trump-Xi meeting in Beijing
- Posted on May 14, 2026
- By Business News Today
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- 1 min read
Oil edges up ahead of Trump-Xi meeting in Beijing
Oil prices saw a slight increase as investors awaited the meeting between U.S. President Trump and Chinese President Xi Jinping, with the Iran war a key focus. Despite U.S. sanctions, China remains a major buyer of Iranian oil, complicating efforts to resolve the conflict.