German Economy and Energy Minister Katherina Reiche (L) walks with Brandenburg's State Premier Dietmar Woidke (C) and PCK refinery manager Ralf Schairer (R) as they visit the PCK Schwedt oil refinery in Schwedt, northeastern Germany, on May 11, 2026. Russia stopped the pipeline flow of Kazakh oil from May 1, 2026 to the PCK refinery, run by the German subsidiary of Russia's state-owned oil company Rosneft, which supplies much of the Berlin region and the capital's international airport with fuel. (Photo by Patrick Pleul / POOL / AFP via Getty Images)

German Economy and Energy Minister Katherina Reiche (C) poses between Brandenburg's State Premier Dietmar Woidke (R) and PCK refinery manager Ralf Schairer (L) as they visit the PCK Schwedt oil refinery in Schwedt, northeastern Germany, on May 11, 2026. Russia stopped the pipeline flow of Kazakh oil from May 1, 2026 to the PCK refinery, run by the German subsidiary of Russia's state-owned oil company Rosneft, which supplies much of the Berlin region and the capital's international airport with fuel. (Photo by Patrick Pleul / POOL / AFP via Getty Images)

A cargo ship unloads imported crude oil at the Qingdao crude oil terminal in China's eastern Shandong province on May 11, 2026. (Photo by CN-STR / AFP via Getty Images) / China OUT

A batch of soybeans imported from Brazil is being unloaded from a ship at a grain terminal in Yantai, in eastern China's Shandong province on May 11, 2026. (Photo by CN-STR / AFP via Getty Images) / China OUT

A batch of soybeans imported from Brazil is being unloaded from a ship at a grain terminal in Yantai, in eastern China's Shandong province on May 11, 2026. (Photo by CN-STR / AFP via Getty Images) / China OUT

A cargo ship unloads imported crude oil at the Qingdao crude oil terminal in China's eastern Shandong province on May 11, 2026. (Photo by CN-STR / AFP via Getty Images) / China OUT

Construction workers complete work on the roof of a building in Jakarta on May 11, 2026. (Photo by BAY ISMOYO / AFP via Getty Images)

People select vegetables at a supermarket in Beijing on May 11, 2026. China's consumer prices ticked up in April as the cost of crude oil rose globally due to the Iran war, official data showed on May 11. (Photo by WANG Zhao / AFP via Getty Images)