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Many analyses of what the conflict in the Middle East means for China's energy security have rightly focused on China's oil and natural gas imports from the region.
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Jason Bordoff from Columbia University, formerly at the US National Security Council under the Obama administration, says Iran has high tolerance for navigating the impact of the Strait of Hormuz closure. He also says global inventories and rerouted fuel flows are temporarily cushioning the disruption from the war, but warns prices will rise sharply once those buffers run down and demand destruction sets in.
The summit follows Xi Jinping's meeting with US President Donald Trump and is expected to cover future energy cooperation, Ukraine, and the war in Iran.
Many analyses of what the conflict in the Middle East means for China's energy security have rightly focused on China's oil and natural gas imports from the region.
