BRICS WESTERN SANCTIONS CONTINUE TO BOOST TRADE WITH IRAN

Last updated: June 15, 2025, 22:14  |  Written by: Mike Novogratz

Brics Western Sanctions Continue To Boost Trade With Iran
Brics Western Sanctions Continue To Boost Trade With Iran

By Joining The Bloc

BRICS: Western Sanctions Continue to Boost Trade with Iran

By joining the bloc, Iran is seeking stronger ties with key Brics members like China, India and Russia, which continue to trade with Iran despite US sanctions. Brics

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The Outcome Of Iran

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The outcome of Iran-US nuclear negotiations will have significant geopolitical and economic implications for BRICS nations and China's global positioning. A successful

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As geopolitical dynamics shift and new trade corridors emerge, Iran’s strategic position is becoming increasingly important. It is not just a bridge between East and

Since Sanctions Were Reimposed On

In response to Western-led sanctions and trade restrictions, BRICS nations have deployed a multifaceted strategy encompassing intra-BRICS trade expansion, financial

Since sanctions were reimposed on Iran in 2025, independent Chinese refiners, or “teapots,” have been key buyers of Iranian crude, taking advantage of discounts

Moreover, the BRICS collective has seen Western sanctions boost the bloc’s trade with Iran. Specifically, the country’s trade with the bloc has increased by 14% since

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Mike Novogratz can be reached at [email protected].

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