MACROBRICS flags Strait of Hormuz as Middle East tensions squeeze energy supply chainsSep 12MACROReform UK's two-day donation haul reaches £36 millionSep 12COINSenate's crypto bill faces its first procedural test Tuesday as clock ticks toward midtermsSep 12AMCAMC Entertainment's record summer box office tests a $3.9 billion debt ceilingSep 12DEALSFirst Citizens BancShares closes 138-branch BMO acquisition as deposit retention takes center stageSep 12DEALSWEA declares $0.07 monthly cash dividend with November 30 payment dateSep 12CRYPTODiesel crosses $6 a gallon for the first time on record as food and consumer goods companies warn costs are mountingSep 12MACROChubu Electric Power reportedly set to pull Hamaoka nuclear restart applicationsSep 12TSLAFord's Fathom targets 100,000 units in year one as Louisville prepares for Q1 productionSep 12MACROIsraeli-Lebanese talks set for State Department next weekSep 12MACROBRICS flags Strait of Hormuz as Middle East tensions squeeze energy supply chainsSep 12MACROReform UK's two-day donation haul reaches £36 millionSep 12COINSenate's crypto bill faces its first procedural test Tuesday as clock ticks toward midtermsSep 12AMCAMC Entertainment's record summer box office tests a $3.9 billion debt ceilingSep 12DEALSFirst Citizens BancShares closes 138-branch BMO acquisition as deposit retention takes center stageSep 12DEALSWEA declares $0.07 monthly cash dividend with November 30 payment dateSep 12CRYPTODiesel crosses $6 a gallon for the first time on record as food and consumer goods companies warn costs are mountingSep 12MACROChubu Electric Power reportedly set to pull Hamaoka nuclear restart applicationsSep 12TSLAFord's Fathom targets 100,000 units in year one as Louisville prepares for Q1 productionSep 12MACROIsraeli-Lebanese talks set for State Department next weekSep 12

BRICS flags Strait of Hormuz as Middle East tensions squeeze energy supply chains

A joint statement from BRICS nations, including Iran, the United Arab Emirates, India, and China, placed the group's concern squarely on rising Middle East tensions and the supply-chain disruptions that have followed. The bloc called for maximum restraint from all parties and urged dialogue and diplomacy as the path to lasting peace, security, and stability. The Strait of Hormuz is named explicitly in the statement as a chokepoint of direct concern for the flow of global trade, energy, and supply chains.

By Renata OstrowskiNewsroomSeptember 12, 20262 min read
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Key takeaways

  • A joint BRICS statement — including Iran, the UAE, India, and China — expressed concern over rising Middle East tensions and the resulting supply-chain disruptions.
  • The statement explicitly names the Strait of Hormuz as a chokepoint of direct concern for global trade, energy, and supply chains.
  • BRICS called for maximum restraint from all parties and urged dialogue and diplomacy to achieve lasting peace, security, and stability.
  • The bloc noted the conflict has already disrupted regional trade and lifted global crude, fuel, and gas prices, pressuring major energy importers India and China.
  • BRICS condemned attacks on civilian infrastructure and peaceful nuclear facilities, widening the scope of what it considers an escalatory threshold.

A joint statement from BRICS nations, including Iran, the United Arab Emirates, India, and China, placed the group's concern squarely on rising Middle East tensions and the supply-chain disruptions that have followed. The bloc called for maximum restraint from all parties and urged dialogue and diplomacy as the path to lasting peace, security, and stability. The Strait of Hormuz is named explicitly in the statement as a chokepoint of direct concern for the flow of global trade, energy, and supply chains.

Supply chains and the energy import bill

The conflict has already disrupted regional trade and lifted global crude, fuel, and gas prices, according to the joint statement. That move creates economic pressure for major energy importers, a category the statement names directly: India and China. Both are BRICS members and among the world's largest buyers of seaborne crude, so the group is partly speaking to the exposure inside its own bloc. The framing is operational rather than purely diplomatic. When a group that includes an energy exporter, Iran, and two of the largest energy importers on the planet issues a joint call to preserve supply-chain corridors, the signal worth watching is not the language but the shared economic interest behind it.

BRICS also condemned attacks on civilian infrastructure and peaceful nuclear facilities. The explicit mention of nuclear facilities alongside civilian infrastructure widens the scope of what the group considers an escalatory threshold and names two categories of asset that would carry significant consequences for regional energy capacity if disrupted.

What to watch

Strait of Hormuz throughput is the physical variable that connects this statement to the broader commodity picture. Any narrowing of flow through that corridor would tighten supply for the importers the statement names. The group's call for increased international cooperation to prevent further escalation stops short of naming a mechanism or a multilateral forum, which leaves the Strait of Hormuz question, and the commodity prices attached to it, unresolved.

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About this story

Filed by the newsroom of MarketPR on September 12, 2026. Source: MarketPR newsroom. Indicative figures are not investment advice.

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Frequently asked

Which countries are named in the BRICS statement?

The statement includes Iran, the United Arab Emirates, India, and China, and specifically names India and China as major energy importers.

Why is the Strait of Hormuz significant in this statement?

It is named explicitly as a chokepoint of direct concern for the flow of global trade, energy, and supply chains, and any narrowing of flow would tighten supply for the importers named.

What actions did BRICS call for?

BRICS called for maximum restraint from all parties, urged dialogue and diplomacy, and called for increased international cooperation to prevent further escalation.

Did the statement propose a specific mechanism to resolve the situation?

No, the call for increased international cooperation stopped short of naming a mechanism or a multilateral forum, leaving the Strait of Hormuz question unresolved.

What did BRICS condemn regarding infrastructure?

BRICS condemned attacks on civilian infrastructure and peaceful nuclear facilities, which it treats as escalatory threats with significant consequences for regional energy capacity.