Welcome to another episode of the GT Podcast with Mulan - a one-stop shop for the Global Times' take on top China and global news.

On today's podcast:

In a major breakthrough for peace in the Middle East, Saudi Arabia and Iran have agreed to resume diplomatic ties with China's mediation, marking a victory for dialogue.

Speculation is mounting over who is responsible for the recent bombings of the Nord Stream pipelines. Former CIA analyst suggests that Washington may have had a hand in the attacks.

The fragility of the US banking system is in the spotlight as concerns arise over a possible meltdown. What are the risks for the global economy and how can they be addressed?

In a special investigative report, GT examines how US "vulture funds" are causing financial crises around the world.

Finally, there is cause for celebration as Michelle Yeoh's long overdue win at the Oscars is hailed as a victory for the Asian community.