World Markets Rise as Trump-Xi Meeting Signals Support for Strait of Hormuz Access

World markets rose May 14, 2026, after U.S. President Donald Trump and Chinese President Xi Jinping met in Beijing and agreed the Strait of Hormuz must remain open as the Iran war extended into its third month. The meeting at the Great Hall of the People addressed a key market concern: continued access through the oil transit chokepoint. Any disruption in the strait could affect global crude supplies and intensify energy-price volatility. The agreement marked a rare point of alignment between Washington and Beijing during heightened geopolitical uncertainty, offering investors a potential de-escalation signal tied to oil flows and broader risk appetite.