President Donald Trump said he may delay a planned meeting with Chinese communist leader Xi Jinping. The president did not indicate how long the meeting might be delayed. Treasury Secretary Scott Bessent clarified at a press conference after talks with a Chinese delegation that if Trump's trip is delayed, it's because the president wants to remain in Washington to oversee the Iran war.

Oil prices are climbing again as the Iran war threatens global oil supply. Brent crude hit $106 per barrel on Sunday. The biggest concern remains the Strait of Hormuz, a critical route for global oil shipments. Secretary of Energy Chris Wright said the conflict could end soon, which would help bring prices back down.