After three months, the fallout of the closure of the Strait of Hormuz is spreading, with developing countries bearing the brunt of the shortfall.

© Picture Alliance, via Getty Images

The agreement is important for both nations, as Canada seeks new markets away from the United States and Germany tries to diversify its energy supply.

© Jesse Winter/Reuters

Does Xi Jinping see the world this way?

Does Xi Jinping see the world this way?

President Xi Jinping of China is buying time for Beijing and may see an opening with a U.S. president weakened by the war in Iran.

Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant.

Asian nations worry that the president might trade security commitments for better economic terms with China during his planned meeting with Xi Jinping this week.

The war in Iran, trade, artificial intelligence and Taiwan are expected to be on the agenda. But expectations are modest.

America’s ability to deter China in a war over Taiwan is weakened, Chinese analysts say, giving Beijing leverage in an upcoming summit with President Trump.

The war in Iran has left China’s neighbors appealing for help, handing Beijing the kind of sway it has long sought.

Prime Minister Sanae Takaichi is attempting to raise Japan’s profile at a time when China’s clout is rising and doubts about the United States are spreading.

People in Costa Rica and other Latin American, Asian and African countries are increasingly buying electric vehicles to avoid spiking fuel prices.

The Pentagon’s rush to rearm its Mideast forces makes it less ready to confront potential adversaries like Russia and China, administration and congressional officials say.

The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars.