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While some European countries said they were discussing ways to help reopen the Strait of Hormuz, several rejected President Trump's calls to send warships.
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European leaders are hesitant to help Trump secure the Strait of Hormuz, but they know inaction on the Iran war isn't really an option.
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The U.S. strikes on Kharg Island and Trump's threat to hit Iran's oil infrastructure mark a major escalation in the war, according to JPMorgan.
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President Trump warned that he could postpone a meeting set to begin in just over two weeks if China refuses to help reopen the Strait of Hormuz.
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With the Iran war entering a third week and the price of oil reaching nearly $105 a barrel on Monday, President Trump again urged NATO countries and China to help the U.S. secure the vital Strait of Hormuz.
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Trump's comments come after he called on several countries to send warships so as to secure the critical waterway
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The port of Fujairah plays a crucial role in helping keep global supplies moving when the Strait of Hormuz is blocked.
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The statistics bureau said that China's energy supply is "relatively strong," while announcing an uptick in domestic production.
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