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Oil prices rise as markets watch Trump-Xi meeting

Oil prices rise as markets watch Trump-Xi meeting

Energy 14 May 2026 13:19

Oil prices rose in Asian trading today.

Markets are watching the meeting between U.S. President Donald Trump and Chinese President Xi Jinping, CE Report quotes STA.

They are waiting to see whether it will produce a positive outcome regarding the war with Iran, which has significantly strained global oil supply, Reuters reports.

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