“If the Middle East is unstable, the world will not be at peace,” Chinese President Xi Jinping said Thursday. “If the conflict escalates further, not only will the conflicting parties suffer greater losses, but regional countries will also suffer greatly.”

Russia and China have announced to form a united front to protect Iran. CNN's report says that a strong message has been sent to Donald Trump. CNN has said in its report that Chinese President Xi Jinping and Russian President Vladimir Putin have appealed to the President to avoid the US's entry into the Israel-Iran war.

Mystery transport planes from China to Iran detected on FlightRadar24 have sparked speculation about China supporting its ally as tensions escalate between Iran and Israel.

Oil prices slipped on Friday as the U.S. imposed new Iran-related sanctions marking a diplomatic approach that fed hopes of a negotiated agreement, a day after President Donald Trump said he might take two weeks to decide U.

During Friday’s Asian trading session, oil prices took a notable downturn, giving back some of their recent gains after the White House revealed that President Donald Trump would delay a decision on intervening in the escalating conflict between Iran and Israel by two more weeks.

Asia stock markets mostly rise on Friday, buoyed by relief that an immediate U.S. strike on Iran seemed to have been averted, with President Trump expected to decide within two weeks. Israel and Iran continued trading attacks,