BRICS Summit Seen as Venue for Next Iran Ceasefire Bid

Amid ongoing US-Iran strikes, Iranian attacks on Gulf shipping and Kuwait, and Brent crude near $97 a barrel, BRICS leaders including Iran's president, Xi Jinping and Putin meet in New Delhi on September 12, with analysts noting every ceasefire so far in this war was brokered by BRICS members, not Washington. The summit also advances de-dollarised payment links and reconstruction financing, showing how prolonged US-Iran conflict is pushing Gulf and Global South states toward economic and diplomatic structures outside Western-led institutions. The sustained war, drawing in Kuwait, the UAE, Oman and Qatar, marks a material regional escalation with implications for Middle East stability.