Trump delays Xi meeting as Iran conflict lets US strong-arm China’s oil supply

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. Mark Dubowitz, CEO of Foundation for Defense of Democracies, discusses Japan's careful approach to the Iran conflict, balancing economic interests and constitutional restrictions. He emphasizes China's close monitoring of U.S. President Donald Trump’s decision to delay a planned meeting with Chinese President Xi Jinping as the U.S.' conflict with Iran unfolds is raising a new question in Washington: whether pressure on global oil flows is factoring into U.S. leverage with Beijing. The summit originally had been planned for March 31 to April 2, but Trump said on March 16 that he had asked China to delay it by "a month or so," explaining, "We got a war going on. I think it’s important that I be here." The following day, Trump said the meeting would instead take place in "about five or six weeks," adding, "We’re working with China — they were fine with