trump and xi appear intent on keeping deep differences over iran war from overshadowing summit

The article highlights geopolitical tensions between the US and China over Iran, with potential disruption to oil and LNG flows through the Strait of Hormuz. China's heavy reliance on Middle Eastern oil and gas creates a direct supply chain risk. The sanctions on Chinese firms may escalate trade frictions, but the immediate commercial mechanism is the threat to energy supply routes, affecting global crude and LNG prices. Impact is global but particularly acute for China and other Asian importers.