BRICS is gaining weight in global energy markets as its 11 members include major oil producers such as Russia, Saudi Arabia, Iran and the UAE, along with major consumers India and China. The grouping accounts for roughly 41-47% of global crude oil production, but differences among members make a common energy policy difficult.

An diesem Wochenende treffen sich in Neu Delhi die Staats- und Regierungschefs der BRICS-Staaten. Diese repräsentieren mittlerweile nicht nur knapp die Hälfte der Weltbevölkerung…

India hosts the BRICS summit, aiming to unify the expanded group. The enlarged bloc now includes major energy producers and consumers, fostering economic cooperation. New Delhi…

BRICS is gaining weight in global energy markets as its 11 members include major oil producers such as Russia, Saudi Arabia, Iran and the UAE, along with major consumers India and…