Wang Yi & West Texas Intermediate
9 shared events · Importance 7 · Last updated May 09, 2026
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International
Wang Yi: Wang Yi, China's Foreign Minister, met with Abbas Araghchi to discuss the conflict, calling for an end to hostilities and the reopening of the Strait of Hormuz.
West Texas Intermediate: West Texas Intermediate prices fell below $100 a barrel after the US paused its ship-guiding plan, indicating a positive market reaction to potential de-escalation.
May 06, 2026 · 6 articles
International
Wang Yi: Wang Yi, China's foreign minister, met with Abbas Araghchi to discuss the negotiations and called for an end to hostilities and the reopening of the Strait of Hormuz.
West Texas Intermediate: West Texas Intermediate prices tumbled below $100 a barrel due to hopes of a de-escalation in tensions between the United States and Iran.
May 06, 2026 · 21 articles
International
Wang Yi: Wang Yi, China's foreign minister, met with Abbas Araghchi to discuss bilateral ties and regional developments, indicating China's role in diplomatic efforts.
West Texas Intermediate: West Texas Intermediate oil prices extended losses and dipped below $100 a barrel, indicating a positive market reaction to the de-escalation efforts.
May 06, 2026 · 31 articles
International
Wang Yi: Wang Yi, China's foreign minister, called for a comprehensive ceasefire in the Iran war, highlighting China's role in international diplomacy and its influence on the conflict.
West Texas Intermediate: U.S. crude prices (West Texas Intermediate) plunged more than $13 to $88.88 per barrel on news of potential ceasefire.
May 06, 2026 · 98 articles
International
Wang Yi: Wang Yi, China's top diplomat, met with Abbas Araghchi in Beijing.
West Texas Intermediate: West Texas Intermediate futures eased 1.2% after Donald Trump's social media post, reflecting a positive market reaction to the potential for a peace agreement.
May 06, 2026 · 15 articles
International
Wang Yi: Wang Yi, Chinese Foreign Minister, called for the Strait of Hormuz to reopen and for Iran's sovereignty and security to be respected.
West Texas Intermediate: US West Texas Intermediate for May fell due to expectations that US-Iran peace talks would resume, indicating a positive market reaction to potential de-escalation.
Apr 08, 2026 · 702 articles
International
Wang Yi: Wang Yi, China's counterpart to Pakistan's Foreign Minister, was part of diplomatic calls to support the peace process.
West Texas Intermediate: West Texas Intermediate crude prices have been highly volatile due to the conflict and the Strait of Hormuz blockade, reflecting market uncertainty and supply disruptions.
Apr 11, 2026 · 283 articles
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