Middle East conflict and US-Iran agreements are driving global commodity prices, while BRICS highlights its growing economic weight.
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Updated sep 13
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What happened
Middle East conflict and US-Iran agreements are driving global commodity prices, while BRICS highlights its growing economic weight.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Attacks on nuclear facilities under IAEA safeguards trigger rising tensions and the start of war in the Middle East.Sub-event
BRICS seeks peacemaking role in Middle East; US maintains sanctions on Iran/Russia.1 source
- BRICS gains momentum amid shifting strategic landscape, while Iranian strikes compel Gulf nations to overhaul security.Sub-event
Global economic shifts driven by Middle East conflict and BRICS's growing influence.1 source
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The entities involved
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
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BRICS
association of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates
Related events
- Middle East conflict is impacting global supply chains and trade.
- The World Bank provides economic forecasts linking oil prices to geopolitical conflict in the Middle East.
- Escalating conflict in the Middle East is causing oil prices to rise, impacting global markets tracked from London and the New York Mercantile Exchange.
- Conflict in the Middle East is weighing on prices, reported by Statistics Canada.
- The Middle East conflict is driving up prices, while Mark Carney criticized the US approach to trade talks regarding new tariffs on Canadian products.