Archive · 13 Sep 2026

BRICS Hosts Iran Amid Rising Oil Prices and Regional Conflict

BRICS Hosts Iran Amid Rising Oil Prices and Regional Conflict

BRICS is a group of countries meeting in New Delhi, India.

Iran is attending while fighting and tensions in West Asia are disrupting energy routes.

The meeting is meant to show that countries outside the West can work together.

However, the members do not always agree with one another.

Iran wants countries to create financial systems that are less dependent on the United States.

India is worried that problems near the Strait of Hormuz and the Red Sea could affect its fuel supplies.

China has close ties with Iran but also has relationships with countries that Iran has attacked.

BRICS also wants to make it easier for members to trade without using US dollars.

Experts say the group is not yet united enough to lead diplomacy or replace the dollar.

Sources