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Trump, Xi State Visit; US, Iran Explore Deal to Reopen Hormuz
Source: Bloomberg
Geopolitics & WarTrade Policy & Supply ChainEnergy Markets & Prices
Bloomberg reports that President Trump and China’s Xi Jinping are set for a state visit, while the US and Iran are exploring a deal to reopen the Strait of Hormuz. A reopening of the critical oil-shipping chokepoint could ease supply-chain and crude-market disruption, but negotiations remain uncertain. No financial terms, timeline, or confirmed agreement were provided.
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