Live - Trump says open to 20-year Iran nuclear suspension after Beijing trip

Trump indicated a potential for a 20-year extension of the Iran nuclear agreement following discussions with Xi Jinping, with China seeking the reopening of the Strait of Hormuz. China called for a comprehensive ceasefire and urged diplomatic channels to be reopened, while the IMF warned of global economic slowdown and inflation risks due to the Iran conflict. Rising oil prices amid increased shipping risks contributed to a weekly Brent increase.