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Home / China / Oil prices are high but could be much worse. Trump has China’s Xi to thank for that
China, Asia, Iran, Middle East, US‑Israel‑Iran

September 19, 2026

Oil prices are high but could be much worse. Trump has China’s Xi to thank for that

“We’ve been free-riding off Beijing in a weird way,” said Rosemary Kelanic, director of the Middle East program at Defense Priorities, a Washington think tank. “China’s doing it because they understand that they’re on the train that Trump is driving off a cliff. If oil prices go way up, that hurts the global economy. If it hurts the global economy, it hurts them.”

Read at AP News

Featuring

Rosemary
Kelanic

Director, Middle East Program

Defense Priorities

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