Trump eyes Xi, Putin meeting at APEC on Iran war, says he’d ‘certainly take’ Huang

Former U.S. President Donald Trump indicated he is considering meetings with Chinese President Xi Jinping and Russian President Vladimir Putin on the sidelines of APEC, with the Iran war as a key agenda item, and said he would "certainly take" a meeting with Huang, as reported by ForexLive. The transmission channel for markets runs primarily through geopolitical risk premia: a prospective summit between the leaders of the world's major powers can compress the risk premium on oil and safe-haven assets if it signals de-escalation, while a breakdown would reintroduce supply-disruption fears in crude and shipping. Energy markets, particularly Brent and WTI crude, are most directly exposed given Iran's role in Gulf supply, followed by gold and the U.S. dollar, which tend to bid on conflict headlines. Yen and Chinese yuan sensitivity to U.S.-China diplomacy also rises when Xi is named in such discussions. Traders should watch APEC scheduling confirmations and any official readouts from the White House or Beijing, along with weekly EIA crude inventory data, for signs of whether diplomatic momentum is translating

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