Donald Trump arrives in Beijing on Wednesday for his first state visit to China since 2017, heading into a two-day summit with President Xi Jinping that carries more energy-market weight than any bilateral meeting in recent memory. The talks, scheduled for Thursday and Friday, come as the world grapples with what the International Energy Agency has called the “largest supply disruption in the history of the global oil market” — the near-total closure of the Strait of Hormuz following U.S. and Israeli strikes on Iran in late February.…

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