Saudi and Iran reconcile in China, agree to resume flights and reopen embassies.

Iran and Saudi Arabia have restored diplomatic ties after a seven-year rift, agreeing to pursue economic cooperation and affirming the need for regional stability. The agreement was reached in Beijing during a meeting between the Iranian and Saudi foreign ministers, a month after China had brokered an initial reconciliation agreement between the two regional powerhouses. The latest understanding further lowers the chance of armed conflict between the rivals, both directly and in proxy conflicts around the region.