US officials say talks with Iran are ongoing and a Trump-Xi summit is scheduled for May. Ongoing Iran diplomacy could ease near-term geopolitical risk and downward pressure on oil-market volatility if substantive progress occurs. A May summit between former President Trump and Xi Jinping raises the prospect of shifts in US-China trade dynamics and supply-chain policy, which could drive sector-specific moves; no quantifiable market impact provided in the briefing.
US officials say talks with Iran are ongoing and a Trump-Xi summit is scheduled for May. Ongoing Iran diplomacy could ease near-term geopolitical risk and downward pressure on oil-market volatility if substantive progress occurs. A May summit between former President Trump and Xi Jinping raises the prospect of shifts in US-China trade dynamics and supply-chain policy, which could drive sector-specific moves; no quantifiable market impact provided in the briefing.
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