WSJ writes that as US President Trump prepares to meet with Chinese President Xi Jinping in Beijing this week, the ongoing US-Israel war against Iran and the closure of the Strait of Hormuz is expected to dominate discussions

The upcoming meeting between Presidents Trump and Xi is set against a backdrop of heightened tensions, particularly due to the US-Israel conflict involving Iran and the implications of the Strait of Hormuz closure.

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Israeli PM Netanyahu and US President Trump discussed latest regional developments, especially developments related to Iran and situation in Lebanon, according to Yedioth Ahronoth

US Central Command announces that US Marines are prepared to intercept non-compliant ships, while US Marines are conducting boarding drills amid the Iran blockade, according to Fox News

WSJ writes that as US President Trump prepares to meet with Chinese President Xi Jinping in Beijing this week, the ongoing US-Israel war against Iran and the closure of the Strait of Hormuz is expected to dominate discussions

Israeli forces reportedly conduct raid on the town of Bani Naim in eastern Hebron, according to Tasnim

US President Trump posts criticism against US Justices Gorsuch and Barrett regarding tariff ruling and says Supreme Court tariff ruling costs the US USD 159bln

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Context

This context may influence market sentiment, particularly in energy commodities and forex, as investors assess any potential shifts in US-China relations amid regional instability.

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