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EconomyOil prices are high but could be much worse. Trump has China’s Xi to thank for that

Oil prices have risen, but Donald Trump’s conflict with Iran has not produced the catastrophic spike many feared when the war began. The article credits China’s Xi Jinping with helping keep prices from climbing even higher.

oil pricesDonald TrumpXi JinpingIran conflict

TThe Associated Press★★★★☆2026-09-19 17:17Original

Oil prices are high but could be much worse. Trump has China’s Xi to thank for that
Oil prices are high but could be much worse. Trump has China’s Xi to thank for thatEconomy