Evaluate the impact of the iran-saudi deal

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Question: 'China's efforts in brokering a deal between Iran and Saudi Arabia have been seen by analysts as broader signs of a "changing global order".

During talks in Beijing on Friday, Saudi Arabia and Iran agreed to re-establish diplomatic relations and reopen their embassies within two months. The agreement also stipulated affirming "the respect for the sovereignty of states and the non- interference in internal affairs of states"

Iranian state media posted images and video of Ali Shamkhani, secretary of the Supreme National Security Council of Iran, shaking hands with Saudi national security adviser Musaad bin Mohammed al-Aiban, with Wang Yi, China's most senior diplomat, standing in between.

- Al Jazeera, 11 March 2023

Evaluate the impact of the Iran-Saudi deal in terms of trade, energy and regional security.

Reference no: EM133596465

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