Donald Trump has postponed his high-profile summit with Xi Jinping as joint military operations by the US and Israel target missile stockpiles in Iran.The blockade of the Strait of Hormuz through the use of Iranian drones and sea mines has caused global crude oil prices to surge toward 100 dollars per barrel.Key international allies including Germany and the United Kingdom have declined to join a naval coalition to reopen the trade routes during the ongoing war.Global energy instability continues despite the release of strategic reserves by the Energy Agency to mitigate the impact of rising fuel costs for consumers