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(Bloomberg) — Australia has ruled out deploying naval vessels to the Strait of Hormuz as the US seeks allied support to protect one of the world’s most critical shipping lanes amid the widening Middle East conflict. Read More

(Bloomberg) — Donald Trump said he could delay his planned summit with Chinese President Xi Jinping if Beijing doesn’t help unblock the Strait of Hormuz, the Financial Times reported, citing an interview with the US president.  Read More

(Bloomberg) — Gold slid below $5,000 an ounce, as the war in the Middle East entered a third week and oil prices spiked after attacks on critical energy infrastructure over the weekend. Read More

(Bloomberg) — Oil rose as much as 3.3% after US attacks on Iran’s main export hub marked another escalation in the war that’s all but cut off global customers from the region’s energy supplies for more than two weeks. Read More

(Bloomberg) — A metal used in weapons and semiconductors is finding itself the subject of geopolitical tensions as Chinese export limits and rising military demand squeeze supplies, sending prices to record highs. Read More

(Bloomberg) — Oil dominated investor attention ahead of the reopening of trading Sunday night in New York after US strikes near Iran’s key export hub at Kharg Island heightened fears of disruptions to Middle East crude supplies. Read More