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Market Impact: 0.7
Trump, Xi Begin State Visit, Oil Soars on Iran Threat, More
Source: Bloomberg
Geopolitics & WarEnergy Markets & PricesTrade Policy & Supply Chain
Bloomberg News reported that President Trump and Chinese leader Xi began a state visit as oil prices surged on an Iran-related threat. The combination of major US-China diplomatic developments and heightened Middle East geopolitical risk could affect global trade expectations and energy markets, although the report provided no price or volume figures.
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