Trump needs China’s help fixing the global oil crisis. It’s unlikely to play along
Trump’s Push for China’s Support in Global Oil Crisis Faces Challenges
Just days before Trump’s pivotal meeting with Chinese leaders in Beijing, the US president introduced a new condition: securing the Strait of Hormuz. This move comes amid a severe disruption in global oil supplies, as Iran’s blockade of the critical shipping channel has reduced worldwide oil flow by 20%. The crisis has sent prices soaring and raised fears of energy shortages that could destabilize economies. Trump now seeks joint efforts with nations like France, Japan, and Britain to ensure the strait remains open, while pressing China to align with his strategy.
His approach has drawn skepticism. In a Sunday interview with the Financial Times, Trump emphasized that China must commit to aiding the effort before their planned summit. “Those who benefit from the strait should help prevent issues there,” he stated, hinting that China’s refusal might lead to postponing the diplomatic engagement. Yet, China’s position is fortified by its preparedness for energy shocks. Over recent years, Beijing has bolstered reserves, expanded import sources, and invested heavily in renewables and electric vehicles, reducing reliance on volatile markets.
Iran’s Move Sparks Global Tensions
Iran’s closure of the Strait of Hormuz has escalated the crisis, prompting Trump to seek allies. However, the Chinese are less compelled to act. Analysts suggest they can afford to wait, given their strategic stability. “China may adopt a cautious stance,” noted Bert Hofman of the East Asian Institute at the National University of Singapore. “They are in a strong position to maneuver.” Meanwhile, Iran has reportedly considered allowing tankers to pass if oil is traded in yuan, further complicating the geopolitical dynamics.
The conflict has overshadowed Trump’s summit with Xi Jinping, as domestic discontent over rising fuel costs grows. Within China, the situation is viewed with a mix of amusement and pragmatism. “Trump is isolated globally,” remarked Henry Huiyao Wang, head of the Center for China and Globalization. “His actions in Iran have created a tough spot for him.” Despite this, China’s official media urged collaboration with the US, while the nationalist Global Times questioned the wisdom of sending warships to the strait. “Is this about shared responsibility, or shared risk?” asked an anonymous op-ed contributor.
Strategic Leverage and Diplomatic Tensions
Chinese officials have yet to commit to Trump’s proposal. During a Monday press briefing, Foreign Ministry spokesperson Lin Jian emphasized the significance of the upcoming meeting, stating that “head-of-state diplomacy is vital for guiding US-China relations.” Trump’s request to delay the visit follows setbacks in his negotiation power, including a Supreme Court ruling that criticized his unilateral tariff policies. This has weakened his leverage, as US economic teams now pursue alternative measures to impose similar restrictions.
Amid these challenges, Trump has also targeted NATO, warning of dire consequences if allies do not deploy warships to the strait. Japan and Australia have resisted, leaving China as a key player in the standoff. As Iran’s closest partner and largest oil buyer, Beijing has criticized the attacks on neighboring states like Saudi Arabia but has also condemned Iran’s strikes. This dual stance underscores China’s calculated approach to the crisis, where diplomatic support for the US is balanced against its own strategic interests.
