By Steve Holland and Alexandra Alper WASHINGTON (Reuters) -Shares of U.S. Steel rose 5% on Monday, as a $14.9-billion bid for the well-known American firm from Nippon Steel approached the finish line and after details of the U.

Tensions rise as the EU refuses trade talks with China before next month’s leaders summit, and Airbus announced $10bn of orders at the Paris Air Show. Plus US President Donald Trump’s golden share means heavy influence in the Nippon Steel deal, and energy markets react to the conflict between Iran and Israel.

U.S. Steel’s so-called “partnership” with Nippon appears to be nearing its end after about 18 months after it was announced.