BRICS 2026: West Asia tensions and energy supplies may top summit agenda

Source: Business Standard | Original Published At: 2026-09-10 18:31:07 UTC

Key Points

• The BRICS Summit may focus on West Asia tensions and energy security, including long-term energy-supply agreements and safe passage through the Strait of Hormuz.
• India and China, as major oil importers, are considered particularly vulnerable to disruptions in Strait of Hormuz traffic.
• Use of local currencies for cross-border payments among BRICS members could be discussed, building on earlier summit calls for payment mechanisms.
• The agenda may include resilient critical-mineral supply chains, battery storage deployment, smart-grid digitisation, and cooperation on mining, refining, recycling and technology transfer.
• BRICS transport cooperation is expected to cover logistics supply-chain resilience, urban mobility, electric mobility, low-emission rail, multimodal freight and sustainable shipping corridors.
• A BRICS Urban Mobility Hub and logistics supply-chain cooperation framework were outlined as mechanisms for knowledge exchange and technical cooperation.