JP Morgan CEO Jamie Dimon has cancelled plans to attend an investment conference in Riyadh amid growing tensions between the US and Saudi Arabia. He is the latest high-profile figure to pull out of a conference dubbed "Davos in the Desert" after the disappearance of Saudi journalist Jamal Khashoggi. Oil futures rose on Monday on concerns about supply, while stocks in Saudi Arabia fell sharply on Sunday.
The Saudis deny killing Mr Khashoggi. The government critic vanished on 2 October after visiting the Saudi consulate in Istanbul, Turkey. Authorities there believe he was killed in the building by Saudi agents, which Riyadh has dismissed as "lies". The UK, Germany and France have demanded a credible investigation into the disappearance.
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