BRICS NOW RESPONSIBLE FOR 43 OF ALL GLOBAL OIL PRODUCTION

Last updated: June 15, 2025, 11:15  |  Written by: Arthur Hayes

Brics Now Responsible For 43 Of All Global Oil Production
Brics Now Responsible For 43 Of All Global Oil Production

Now

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

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

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

Posts falsely claim BRICS controls 80% of petroleum

BRICS Data

FACT CHECK: BRICS Nations Do Not Control 80% Of

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

BRICS Now Responsible for 43% of All Global Oil Production

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Arthur Hayes can be reached at [email protected].

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