Is China emerging as the key power broker in the Middle East conflict? Today’s Daily Energy Markets Podcast explored Beijing’s growing diplomatic leverage, fragile Gulf ceasefire efforts, and why oil traders remain surprisingly calm with Brent above $110. Andrei Covatariu said China is positioning itself as a global mediator, James Lear highlighted a “fair value” oil market despite volatility, while Giacomo Prandelli argued China is gaining leverage over both US LNG and Russian gas supplies.