U.S. President Donald Trump has stated that Chinese President Xi Jinping has expressed willingness to support U.S. efforts in negotiating with Iran.

The revelation emerged during their ongoing summit in Beijing, where broader geopolitical issues, including arms sales to Taiwan, are also under discussion.

The development adds a new layer to the evolving dynamics between the U.S., China, and Iran.

While no immediate market price moves were reported, the news could signal a potential shift in diplomatic strategy, which may affect risk appetite and trade flows in the coming weeks.

The summit comes amid heightened tensions in the Middle East, particularly around the Strait of Hormuz, where recent incidents have raised concerns about shipping and energy security.

Trump's remarks suggest a possible alignment of interests between the U.S. and China on Iran-related matters, a shift that could have long-term implications for regional diplomacy.