Trump-Xi China summit may be delayed: Bessent

Treasury Secretary Scott Bessent said Monday that the meeting between President Donald Trump and Chinese Leader Xi Jinping could be delayed for logistical reasons. Bessent spoke during an appearance on CNBC’s “Squawk Box.” Trump suggested on Sunday that the summit could be delayed as the U.S. pressures China to help reopen the Strait of Hormuz….

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What an attack means for oil markets

A general view of the Port of Kharg Island Oil Terminal, 25 km from the Iranian coast in the Persian Gulf and 483 km northwest of the Strait of Hormuz, in Iran on March 12, 2017.  Fatemeh Bahrami | Anadolu | Getty Images President Donald Trump’s order to strike Iranian military assets on Kharg Island…

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