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How China and U.S. eased the Middle East oil shock and kept prices from spiking even higher

China and the U.S., the world's two largest economies, wield great influence over the oil market and are using it to help plug the supply gap.

First seen · 2:58 PM UTCMay 16, 2026

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How China and U.S. eased the Middle East oil shock and kept prices from spiking even higherChina and the U.S., the world's two largest economies, wield great influence over the oil market and are using it to help plug the supply gap.
2:58 PM UTC

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