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Oil Holds Steady After Trump-Xi Meeting Signals Hope for US-China Cooperation

Brent crude held near $106 a barrel as the IEA said the Iran war has left the market severely undersupplied until October.

Summary by Hindustan Times
Oil prices remained unchanged after Trump and Xi's optimistic meeting. However, the ongoing Iran conflict is severely affecting global oil supply, with US.

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Financial Post broke the news in Canada on Thursday, May 14, 2026.
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