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 prices soaring.

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 .

A high-stakes meeting between US President Trump and Chinese President Xi Jinping is closely watched for signs of stability amid escalating geopolitical friction. Market…

Oil prices inched higher on Thursday.