China has recently asserted that its energy supply is 'relatively strong,' supported by a trend of rising domestic oil production.
This announcement aligns with President Trump's ongoing efforts to secure assistance from Beijing regarding the Hormuz energy route.
The developments suggest a potential collaboration between the U.S. and China in energy matters, though the specifics of any agreement remain uncertain.
Updates
Update at 07:18 UTC on 2026-05-16
Oil & Gas reported Trump says China wants to buy US oil and LNG after Beijing talks S&P Global.
Sources: Oil & Gas