China's Role in Saudi-Iran Reconciliation and Investment Prospects

Saudi Arabia's finance minister, Mohammed Al-Jadaan, has said that Saudi investments in Iran could happen "very quickly" following a reconciliation deal between the two countries last week which was brokered by China. The agreement was a significant step after years of mutual animosity, suspected attacks, internal interference and proxy wars across the region. Diplomatic relations between the two countries have been strained since the 2016 execution in Saudi Arabia of the Shia cleric Nimr al-Nimr, a critic of the Saudi monarchy, and dozens of his supporters.