Iran Set to Join BRICS Bank as Tehran Seeks Financial Alternatives

Image BRICS New Development Bank and Iranian flag symbolizing Tehran’s push for alternative financial channels outside the dollar system.

Iran Set to Join BRICS Bank as Tehran Seeks Financial Alternatives Iran says it will soon join the New Development Bank (NDB), the development lender created by BRICS. Central Bank Governor Abdolnaser Hemmati made the announcement ahead of a BRICS finance meeting in India. The move comes as Tehran faces U.S. and international sanctions and … Read more

BRICS Delhi Meet: Iran War and Oil Prices Test Unity

This image shows a formal group portrait from a BRICS diplomatic meeting held in Delhi, India.

BRICS Delhi Meet: Iran War and Oil Prices Test Unity Foreign ministers from BRICS met in New Delhi on May 14, 2026, as the Iran war, rising oil prices, and shipping risks shaped the agenda. India chaired the talks and pressed for safe, unimpeded maritime routes, stable trade, and stronger cooperation. The summit showed both … Read more