Difficult to believe but it seems to be true.

There was finally a meeting between Xi Jinping and Donald Trump.

They have decided to call a truce over the tariff war between them.

Part of the deal is that China will buy vast amounts oil and LNG from the US.

For buying the oil from the US in this massive way - this is going to really upset the Saudis. The UAE will be very upset when China tilts its LNG purchases to the US.