BRICS Summit Highlights Energy Security and New Development Bank Role
The BRICS India 2026 Summit declaration emphasized energy security as vital for social, economic development, national security, and welfare. It called for diversified energy sources, resilient supply chains, and protected infrastructure amid instability near the Strait of Hormuz affecting BRICS members. The summit highlighted challenges like geopolitical tensions, volatile fuel prices, rising demand, and extreme weather, urging energy systems to be reliable, affordable, and shock-resistant, with a focus on domestic energy stock and flow.
ET Energy Power·



