- China mediates a deal between Iran and Saudi Arabia to normalize relations and reopen embassies.
- The deal is expected to help de-escalate tensions in the Middle East.
- China's role as a powerbroker challenges the US-centric global system.
- China's growing influence in the oil-rich region is seen as another sign of Washington's waning standing in the Gulf.
- The key test will be in Yemen, where a proxy conflict is rooted in a civil war.
China plays peacemaker in the Gulf
Beijing emerges as a diplomatic powerbroker with Iran-Saudi Arabia deal
