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US-Iran Tensions Flare Ahead of Trump-Xi Meeting | Balance of Power 05/11/2026
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May 11, 2026
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47:55Now Playing"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Representative Jill Tokuda (D-HI), warns Taiwan "must not be a bargaining chip" during President Donald Trump's talks with Chinese President Xi Jinping. Tom Kloza, Chief Energy Advisor at Gulf Oil, says reopening the Strait of Hormuz is "the only lever you can pull that has a major impact" on fuel prices, warning gasoline could reach $5 a gallon or higher this summer if it stays closed. Mara Rudman, Professor at the University of Virginia's Miller Center and former Deputy Envoy for Middle East Peace at the US State Department, says there is likely no "near-term" diplomatic solution with Iran.
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