"Events in the Middle East have been moving fast -- a ‘decade of change’ has been compressed into barely a few months: A world-shaping Entente has been sealed between Putin and Xi Jinping; China has mediated an accord between Iran and Saudi Arabia. President Raisi will meet King Salman after Eid; serious ceasefire talks have begun in Yemen. China, and Russia, have persuaded Turkey and Saudi to rehabilitate President Assad; the Syrian FM has visited Riyadh. Saudi Arabia has shifted towards China; OPEC+ has shrunk crude supplies. And everywhere from the Global South to the Middle East, the US dollar as a trading currency is being dropped in favour of national currencies. A new paradigm is consolidating."