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A meeting is scheduled between President Trump and China's leader, Xi Jinping, at the White House during the week of September 21, 2026.
Erica Downs of Columbia University said that China's ability to influence the oil market is a power nobody thought it had.
Daan Struyven of Goldman Sachs calculated that crude oil cost about $10 less per barrel in late August because China did not maintain its prewar buying levels.
China transformed its vulnerability to oil shocks by stockpiling oil, building refining capacity, and investing in alternatives.
China cut off supplies of jet fuel, gasoline, and diesel to neighboring countries in the early months of the war with Iran.
China is dominant in the production of solar panels, batteries, and electric vehicles.
China's oil purchases fell by 23% in the first six months of the war with Iran compared to the previous year, according to customs data.
The Houthi-run Saba news agency reported that Saudi aircraft targeted three telecommunications towers in Taiz Province.
Authorities said a Pakistani man was injured and is in critical condition.
Houthi spokesperson Yahya Saree claimed Saudi forces conducted 37 airstrikes with F-15s on Taiz and Hajjah in the past 24 hours.
Saudi Arabia's Civil Defense said a Yemeni resident was killed in Taif province on Thursday by shrapnel from an intercepted Houthi drone.
In 2021, the Houthis mounted a major assault on Marib but were pushed back.
A New York Times review of images found that wreckage of a downed jet was consistent with a Royal Saudi Air Force F-15.
Houthi official Mohammed al-Bukhaiti said that Saudi-backed forces rejected de-escalation efforts.
The Houthi-run Saba news agency reported that Saudi airstrikes in Abs, Hajjah Province on Thursday killed one person and wounded another.
The Houthis claimed on Wednesday to have shot down a Saudi F-15 fighter jet over Marib.
For over a decade, Saudi Arabia has backed the Yemeni government and led a military coalition against the Houthi militia.
Pro-government forces in Yemen claim they have struck Houthi positions with jets and drones and repelled their advances in Marib and Taiz over the past month.
Yemen is divided, with Houthis controlling large parts of the north and the internationally recognized government based in the southern temporary capital of Aden.
Marib province is home to some of Yemen's largest oil and gas fields.