Iran and Saudi Arabia have agreed to re-establish diplomatic relations and reopen their respective embassies after years of hostility, in a diplomatic breakthrough brokered by China.The agreement, announced Friday after five days of high-level talks in Beijing, is likely to help ease tensions in the Middle East and signals weakening U.S. influence in the region.The two Gulf states will reopen their embassies "within a period not exceeding two months" and agreed that their foreign ministers "shall meet to implement" the deal, according to a trilateral statement.Iran and Saudi Arabia expresse…READ FULL ARTICLE