After Iran's visit to China, Saudi Arabia requested China's intervention to pressure Iran in hopes of restraining the Houthi militia's interference in the Red Sea's Mandeb Strait!
It is obvious that China's importance in mediating in the Middle East has significantly increased recently. After Iran's visit to China, Foreign Minister Wang Yi's speech also demonstrated China's diplomatic stance, which effectively provides Saudi Arabia with a new option.
Originally, Iran mediated through Pakistan to engage in dialogue with Iran, but it is clear that Pakistan's mediation ability is limited. Now, after Iran's visit to China, China's diplomatic stance is seen by Saudi Arabia as the best "lifeline" currently.
Of course, Saudi Arabia's request has not yet received an official response from China. However, Foreign Minister Wang Yi clearly mentioned the Middle East situation in his conversation with Rubio today, which I believe is an important signal that China is about to escalate its diplomatic mediation in the Middle East.
At the same time, Trump's tough stance toward Agency A, besides politically paving the way for the Gulf Six summit next Tuesday, feels like a precursor to TACO.
If Chinese leaders visit the US and offer a way out, Trump can obviously back down gracefully, and given China's influence, this way out is indeed better! #沙特管道修复预期压低油价
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more