Trump suggests he may delay China trip due to Iran war, but Bessent says it's not to pressure on Strait of Hormuz

PBS NewsHour
by Will Weissert, Associated Press
March 16, 2026
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2 min read

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Trump may delay China trip due to Iran conflict but Treasury downplays oil prices.

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President Trump is considering postponing a planned trip to China due to ongoing conflict with Iran, though Treasury Secretary Bessent states this is not intended as pressure regarding the Strait of Hormuz. Bessent also indicated the Treasury Department has no plans to intervene despite rising oil prices.

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Treasury Department says it doesn't plan to intervene in oil markets.

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