US President Trump says he spoke to China about US sanctions on Chinese oil firms; will be making a sanctions decisions in the next few days; spoke about sanctions on Iranian oil

Trump's comments on potential sanctions against Chinese oil firms signal escalating tensions, which could impact global oil supply and prices.

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As this situation unfolds, expect volatility in energy markets, particularly in oil and gas assets, and be mindful of possible ripple effects on currencies and equities tied to commodities.

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