China promotes Middle East peace as U.S. credits Beijing for Iran talks.

China is promoting peace in the Middle East after U.S. President Donald Trump credited Beijing with helping bring Iran to the negotiating table. China urged Tehran to show flexibility to resolve the conflict and prevent a global economic crisis. The temporary ceasefire followed a U.S.-Israel air campaign and a blockade of the Strait of Hormuz, which caused a 90% drop in oil shipping.