Dan Schwartzman

Here is Bloomberg's Jeff Mason.

That's Bloomberg's Jeff Mason.

The price of Brent crude surging on the news.

The United Kingdom and France will be hosting a meeting of more than 40 nations to outline their military contributions to a European-led mission to escort ships through the Strait of Hormuz once there's a stable ceasefire.

The countries are expected to offer demining, escorting, and air policing capabilities as part of a defensive naval mission.

The move would be designed to reassure commercial ships attempting to pass through the crucial waterway.

Iran's deputy foreign minister, though, says such a move would be considered an escalation of the war and will be met with a military response.

President Trump is scheduled to meet with Chinese President Xi Jinping in Beijing this week, where the two leaders are expected to discuss a trade framework.

National Economic Council Director Kevin Hassett says he has high hopes for the summit.

That's National Economic Council Director Kevin Hassett speaking on Fox News' Sunday Morning Futures.

The war in Iran is also expected to be a big topic of discussion.

U.S.

officials are saying that President Trump is likely to press Chinese President Xi Jinping over Beijing's approach to Iran.

Officials also said that the two leaders are likely to discuss U.S.

concerns about AI as well as issues in the agriculture and energy sectors.

After more than a month at sea, the cruise ship linked to a deadly hantavirus outbreak has disembarked passengers off the coast of Spain's Canary Islands.

The World Health Organization recommends passengers return to their home countries and have active monitoring for 42 days due to the incubation period of the hantavirus.

Spain's health minister, Monica Garcia.

That's Spain's health minister, Monica Garcia.

In company news, frontiers swooping in on spirits old territory.