BRICS discusses West Asia conflict
Analysis based on 8 articles · First reported May 14, 2026 · Last updated May 14, 2026
The ongoing West Asia conflict, particularly the effective closure of the Strait of Hormuz, has severely disrupted energy markets, leading to surging energy prices and fears of global inflation and economic downturn. The inability of BRICS to reach a consensus on a joint statement due to internal divisions between Iran and the United Arab Emirates highlights the geopolitical instability affecting global trade and economic stability.
Foreign ministers of BRICS nations met in New Delhi, with India's Foreign Minister S. Jaishankar emphasizing the critical importance of unimpeded maritime flows through international waterways like the Strait of Hormuz and the Red Sea. He highlighted the significant disruption to energy markets caused by the U.S.-Israeli war in Iran, which has led to the effective closure of the Strait of Hormuz, surging energy prices, and fears of global inflation. The meeting also revealed deep divisions within BRICS, particularly between Iran and the United Arab Emirates, making it difficult for the alliance to reach a consensus on a joint statement regarding the West Asia conflict. S. Jaishankar also criticized unilateral coercive measures and sanctions, stating they disproportionately affect developing countries.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard