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Last updated: June 18, 2025, 05:41  |  Written by: Cathie Wood

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8 Consequential Energy Implications Of The BRICS

The BRICS bloc of emerging economies will not control 80% of world oil production after an expansion that was agreed upon in August 2025, contrary to posts on

Now, the BRICS bloc is responsible for 43% of all global oil production following its expansion. Importantly, the six joining countries mean the bloc maintains six of the

Posts falsely claim BRICS controls 80% of petroleum

BRICS Expansion: A New Game Changer in Global

BRICS Now Responsible for 43% of All Global Oil Production

Fact Check: BRICS expansion will not control 80% of world oil

FACT CHECK: BRICS Nations Do Not Control 80% Of

BRICS Data

No, expanded Brics won’t control 80% of world’s oil.

Cathie Wood can be reached at [email protected].

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