Energy spike from Middle East turmoil adds pressure to Trump-Xi trade agenda

Asian markets looked set for a mixed open Wednesday as investors grappled with hotter-than-expected inflation, U.S.-Iran tensions and U.S.-China trade talks.

International Business News: Asian markets traded mixed on Wednesday as fading momentum in artificial intelligence-linked stocks, elevated oil prices and concerns over persistent .

Trump is expected to encourage China to convince Iran to make a deal with Washington to end the Middle East war, but analysts doubt that Xi will be willing to push Tehran too hard.

Asia markets eyed gains ahead of closely watched Trump-Xi summit on trade, tariffs and technology restrictions.

The meeting of the superpowers will likely be overshadowed by the war in the Middle East, which has seen the crucial Strait of Hormuz effectively closed - sending global energy…

Energy spike from Middle East turmoil adds pressure to Trump-Xi trade agenda

Asian shares are mixed as investors closely monitor takeaways from the summit between U.S. President Donald Trump and Chinese leader Xi Jinping.

Trump and Xi met at the Great Hall of the People in Beijing, where both sides agreed the Strait of Hormuz must remain open, a key demand as the Iran war drags into its third month.

The US and Chinese presidents discussed trade, security and managing relations between the nations on the first day of a much-anticipated summit in Beijing.

The ASX opened higher in morning trading after rallies on Wall Street, but was slightly down after midday. Oil is trading higher as US President Donald Trump and Chinese leader Xi…

RECAP: Emerging Asian markets fell yesterday as surging oil prices and limited progress in US-Iran peace negotiations heightened concerns over inflation and economic uncertainty.…