BRICS summit puts India’s energy security and trade ties in focus

Source: CNBC TV18 | Original Published At: 2026-09-11 14:43:04 UTC

Key Points

• The BRICS Summit in New Delhi is placing energy security, global trade, and geopolitical tensions at the center of market and business discussions.
• Former Indian ambassador to Iran D.P. Srivastava said India’s economic growth and diplomatic position strengthen its role within BRICS and its influence on summit outcomes.
• Brent crude has crossed $105 per barrel amid supply tightness and West Asia disruptions, while potential US tariffs on countries buying Russian oil could remain a key discussion point.
• Tensions around the Strait of Hormuz and Red Sea trade routes are adding supply-chain risks, and India may use its diplomatic position to push for de-escalation and safer trade routes.
• Sergey Dvoryanov of the BRICS Culture Media Forum highlighted deeper India-Russia cooperation in nuclear power, defence, security, and high technology.
• The summit outcome could affect crude oil markets, trade flows, energy-intensive industries, and companies exposed to global supply chains.