- Saudi Arabia and Iran have resumed diplomatic ties after years of tension and talks shepherded by Iraq and Oman.
- The deal was brokered by China, which is seen by some as a poke in the eye for the US.
- Washington is taking a pragmatic view and sees the rapprochement as a positive.
- The Saudis are engaging in 'extreme balancing', strengthening ties with Russia, China and Ukraine.
- The move is an exercise in buying time and carving out breathing space, but the kingdom's balancing act will soon be put through the region's wringer.
Saudi rapprochement with Iran is an exercise in buying time
Washington is right to be pragmatic on China’s role in brokering the deal
