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BRICS meet begins in India as Iran war, oil prices and divisions test its unity

Emirates 24-7
May 14, 2026

New Delhi: Foreign ministers from the BRICS nations began a two-day meeting in New Delhi on Thursday as the expanding bloc faces divisions over the war in Iran, rising energy prices and growing global economic uncertainty.The meeting brings together diplomats from Brazil, Russia, India, China and South Africa along with newer member countries. It comes as the war in Iran has disrupted global energy supplies and driven up oil prices and coincides with U.S. President Donald Trump’s meeting with Chinese leader Xi Jinping in Beijing.Iranian Foreign Minister Abbas Araqchi and Russia’s top diplomat Sergey Lavrov are attending. China is represented by Ambassador Xu Feihong while Foreign Minister Wang Yi remains in the Chinese capital during Trump’s visit.Talks are expected to focus on energy security, the conflict in Middle East and trade in local currencies.Founded by Brazil, Russia, India and China, BRICS was formed as a grouping of major emerging economies seen as a counterbalance to Western-led institutions such as the G7. South Africa joined in 2010 and the bloc expanded further in 2024 with the addition of Egypt, Ethiopia, Iran and the United Arab Emirates. Indonesia became a full member in 2025.The group has sought to expand its influence by pushing for a bigger role in a global order long dominated by the United States and its Western allies. It has gained support across parts of the Global South, where many countries have criticized Western-led financial institutions.But BRICS nations remain divided on key issues.India and China continue to compete for regional influence, while member countries often differ in their ties with the West. Russia’s war in Ukraine has further exposed those differences.The bloc’s expansion also has added strains. Competing regional interests have increased the difficulty of presenting a unified position.Divisions have sharpened further during the growing conflict in the Middle East. Iran’s deputy foreign minister said Wednesday that disagreements within BRICS over the conflict had prevented the bloc from reaching a unified position.Kazem Gharibabadi told news agency Press Trust of India that “one member country” had pushed for language condemning Iran, complicating efforts to build consensus within the grouping.”We want India’s BRICS chairship to be successful. It is not a good approach to send a signal to the world that the BRICS is divided. One country is insisting on condemning Iran,” Gharibabadi said.

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