Middle East War Widens, Saudi Oil Exports to China Halted
China's growing economic influence has been highlighted by Chinese President Xi Jinping, who declared that the BRICS cooperation mechanism has become the world's most important multilateral framework. However, a key development in the Middle East is drawing international attention away from Beijing's ambitions.
Saudi Arabia has shut down its oil exports to China, citing rising tensions in the region as a major war widens. The move comes amid reports of increased military activity between Saudi Arabia and its neighbor, Yemen.