Global week ahead: Crude diplomacy casts shadow over Trump-Xi summit
Government
China has quietly amassed the world's largest stockpile of crude oil. This is no mean feat for a country that is also the globe's biggest importer of energy. It brings a fresh dynamic to Beijing's relations with the United States, as Premier Xi Jinping prepares to host President Donald Trump for a high-stakes state visit on May 14 and 15. There is already controversy. China's Commerce Ministry banned Chinese companies from complying with U.S. sanctions on small refineries that purchase Iranian
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