Oil supply fears deepen as Hormuz traffic stays thin
Trump meets Xi in Beijing as Gulf shipping disruptions, oil supply fears and Syria’s reconstruction efforts reshape the regional economy.
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President Donald Trump is set to meet his Chinese counterpart, Xi Jinping, in Beijing on Thursday morning in a high-stakes meeting that will cover issues ranging from tariff policy to the Iran war. In North Africa, Egypt is ramping up energy projects at home and abroad as it looks to weather the economic effects of the conflict. Meanwhile, Syria announced it is restoring an oil field in Raqqa, the former stronghold of ISIS, in a significant step in the war-torn country’s economic recovery.
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