NEW: China Expresses Openness To Buying U.S. Oil

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In a notable development amid ongoing U.S.-China trade frictions and Middle East tensions, Chinese President Xi Jinping has expressed interest in purchasing more American oil, according to new statements from the White House.

The development comes amid ongoing tensions in the Persian Gulf, as Iran has effectively blockaded the Strait of Hormuz since the start of the U.S.-Iran conflict on February 28. Prior to the w...... to continue reading, follow the link below :)

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