News Summary

• Chinese President Xi Jinping is making a much-anticipated state visit to Washington next week.
• It's unclear how much the two leaders will discuss Iran during the visit.
• Xi made energy self-reliance a part of the country's latest five-year plan.
• China's oil import diet in turn helped ease global demand, softening the upward price effects for the United States, Europe and beyond.
• But that resilience faces new challenges.
• Attacks by Iran-backed militias this month led Saudi Arabia to temporarily shut a vital pipeline that transports crude across the kingdom to ports on the Red Sea.