Rising Oil Prices to Test Unity at Upcoming BRICS Meeting

Rising oil prices are bound to have an impact on the BRICS meeting. Oil prices can create rifts in BRICS unity. The US-dominated global order is trying to reshape, but war and rising oil prices are testing these efforts. On the one hand, there is India with China, Russia, Brazil, which wants to reduce the world's dependence on the US and its allies through BRICS, but there are also countries like the UAE, which is a security partner of the US and is under attack from Iran, which is itself a member of BRICS. Iran wants to show that the West's sanctions have not isolated it. Iran has stopped oil trade by arming Hormuz in a war with the US. On the other hand, there are member countries in BRICS who are interested in stable energy flows and low oil prices. For India, the conference is a delicate game of balancing world politics. India is the only rival of the founding members of BRICS, which may not want to be seen as less friendly to the US. Modi, who is also the founder of BRICS, wants to intervene in the world.