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Fears are rising on both sides of the Pacific that the US and China could be headed for a total breakdown of relations and even outright conflict within the next few months.
The pan-European STOXX 600 index rose 0.8% by 0711 GMT, extending this week's gains on the back of positive updates on COVID-19 treatment efforts.
US President Joe Biden has pledged that if Washington returns to the 2015 nuclear deal with Tehran, the US would only withdraw once again if Iran violates the terms of the agreement. This commitment meets Iran’s demand that the US will not, once again,
The virtual summit lasting over two hours took place as Beijing and Washington increasingly risk open conflict over the self-ruling island, which China considers part of its territory.