BRICS Summit
The 18th BRICS summit has started in New Delhi, bringing together the leaders of a number of countries including China, Russia and Iran, as the bloc seeks to strengthen cooperation amid growing global tensions. Indian Prime Minister Narendra Modi is hosting the two-day summit, with trade, energy security, artificial intelligence and the expansion of non-Western payment systems high on the agenda. The meeting comes as wars in West Asia and Ukraine disrupt energy markets and global shipping, while US tariffs put further pressure on several BRICS members. Ahead of the summit, Modi held talks with Russian President Vladimir Putin and Iranian President Masoud Pezeshkian.
Yemeni army gains
Iran’s Islamic Revolution Guards Corps has hailed recent gains by Yemen’s Ansarullah movement, as they take control over strategic islands around the Bab el-Mandeb Strait. IRGC spokesperson General Mohebbi described the advances by Ansarullah as a divine victory and the outcome of years of perseverance in some of the most difficult battles. Separately, Tehran said developments in Yemen should be viewed as part of a longer historical process, arguing that Yemenis have repeatedly resisted external pressure and sought to defend their rights and dignity. Iran rejected claims that it was behind Ansarullah’s recent actions, saying the current situation in Yemen stems from decisions made by Yemenis themselves. Iran said years of conflict and an unlawful blockade pushed Yemenis to act to break the siege.
Saudi oil pipeline down
Saudi Arabia has shut down its main East-West crude pipeline following multiple attacks that disrupted a key route for the kingdom’s oil exports. State-owned Saudi Aramco said the seven-million-barrel-per-day pipeline, which transports crude from oil fields near the Persian Gulf to the Red Sea port of Yanbu, was targeted in multiple attacks. The Saudi Energy Ministry said several people were injured, while the attacks are believed to have targeted pumping stations along the pipeline. Riyadh has provided no details on the extent of the damage or when operations could resume. Saudi authorities have also claimed the attacks originated in Iraq, but have so far provided no evidence to substantiate the allegation. The shutdown comes after Saudi Arabia increasingly relied on the East-West pipeline following Iran’s closure of the Strait of Hormuz. Although the pipeline cannot fully replace the oil volumes previously transported through the strait, it has helped ease pressure on global crude markets.