BRICS Meeting in Delhi Agrees to Secure Energy Supply Amid Rising Oil Prices
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Source: Patrika News | Original Published At: 2026-09-13 04:20:56 UTC
Key Points
- A BRICS meeting was held in Delhi to discuss the deteriorating situation in West Asia and its impact on energy supply.
- BRICS countries agreed to work jointly to maintain smooth flows of global energy supply, trade, and supply chains.
- Crude oil prices briefly crossed $108 per barrel amid fears of shipping disruptions and supply blockages in the Middle East.
- India's Ministry of External Affairs Secretary Sudhakar Dalal said energy security in the Middle East context and BRICS energy cooperation were key discussion points.
- The meeting emphasized that all BRICS members should act collectively within the framework of international law to keep global trade and energy flows uninterrupted.
- BRICS participants described energy security as linked to broader development, social and economic growth, national security, and public welfare.
- The group stressed the need to maintain stability in energy markets amid risks to major supply routes such as the Strait of Hormuz and the Bab al-Mandeb corridor.