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Markets eye three high-stakes political stories this week, with the U.S., Iran, China and the U.K. front and center.
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The United States and Iran have been discussing a 30-day extension to their cease-fire and a reopening of the Strait of Hormuz.
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Washington has sought to press Beijing to lean on Tehran to reopen the strait, though China's appetite to act as a pressure mechanism remains unclear.
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The prospect of Democrats getting shut out of the general election for governor has spurred an effort to eliminate the state's "top-two" open primary approach.
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Beijing could turn instability in the Middle East into a strategic gain
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The focus from the Iran war will likely take center stage during the talks, which could leave less scope to resolve issues like tariffs and rare earth supplies.
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