Source: CNBC TV18 | Original Published At: 2026-03-05 14:39:37 UTC
Key Points
- Jeffrey Sachs warns US/Israel strikes in Iran threaten global energy markets and trade routes like Strait of Hormuz
- Argues BRICS nations (India, China, Brazil, Russia) must collectively pressure US/Israel to stop military operations
- Highlights vulnerability of Asian economies dependent on energy imports from West Asia
- Criticizes US political messaging about conflict duration, warns of prolonged economic impacts
- Calls for diplomatic resolution through BRICS-led de-escalation efforts