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SHIMA, Japan (AP) — President Barack Obama asserted Tuesday that foreign leaders are "rattled" by Donald Trump and have good reason to feel that way, as he accused the presumptive Republican presidential nominee of ignorance about world affairs.
China's Defence Ministry said on Thursday its aircraft followed the rules after two Chinese fighter jets carried out what the United States said was an "unsafe" intercept of a U.S. military reconnaissance aircraft over the South China Sea. A U.S. defense official said two Chinese J-11 fighter jets flew within 50 feet (15 meters) of the U.S. EP-3 aircraft. Chinese Defence Ministry spokesman Yang Yujun told a monthly news briefing China's aircraft acted completely professionally and in line with an agreement reached between the countries on rules governing such encounters.
Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months as a global supply glut that plagued the market for nearly two years showed signs of easing. Oil prices have rallied in recent weeks as a string of outages, due in part to wildfires in Canada and unrest in Nigeria and Libya, knocked out nearly 4 million barrels per day of production. Above $50 a barrel, oil was seen by many market players as breaching a psychological barrier that could lead producers, particularly among U.S. shale companies, to revive operations scrapped in recent years.