US President Trump says that Chinese President Xi pledged that China will not provide military gear to Iran, according to CBS

Context

President Trump's statement regarding President Xi's commitment not to supply military gear to Iran represents a potential easing of tensions in the U.S.-China relationship, which could positively impact market sentiment. This commitment might also have broader implications for regional stability and could affect energy prices as well as the behavior of risk assets. Traders may want to watch related sectors, particularly in equities and commodities, to gauge market reactions.

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