What is the main purpose of Trump's visit to Beijing, and what key issues are expected to be discussed?

Trump's visit to Beijing on May 14–15 is his first in eight years and aims to 'lock in the trade truce agreed in October in South Korea' while avoiding a repeat of the tit-for-tat tariff battle initiated on 'Liberation Day' in April 2025; Taiwan is also expected to feature in his meetings with Chinese President Xi Jinping.

How is the ongoing Middle East conflict affecting global oil markets and Saudi Aramco's financial performance?

The more than two-month-old conflict has 'all-but closed the Strait of Hormuz' and damaged or shut down 'some 20 oil refineries in the region', taking 'millions of barrels of capacity offline and pushing oil prices sharply higher', and Saudi Aramco's first-quarter results—due Sunday—are expected to reflect this 'pain'.

Trump Visits China Amidst Oil Supply Disruptions and Geopolitical Tensions

May 8, 2026

U.S. President Trump travels to China while Saudi Aramco reports Q1 earnings amidst Middle East conflict closing the Strait of Hormuz. Rising oil prices and inflation risks dominate global economic outlooks.

reuters

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