President Xi Urges BRICS to Lead Peace Efforts in the Gulf Region

Key Facts

1Chinese President Xi Jinping urged BRICS nations to take a leading role in ending conflicts in the Gulf and Middle East regions.

2Xi stressed that the Gulf conflict undermines shared international interests, including energy supplies to Asia.

Amid escalating geopolitical tensions and their direct impact on global energy security, Chinese President Xi Jinping urged BRICS nations to take a leading role in ending conflicts in the Gulf and Middle East. According to reports from the New Delhi summit, Xi stressed that the regional conflict undermines shared international interests, emphasizing that the bloc must stand on the right side of history to ensure the stability of vital energy supplies to Asia.

These diplomatic maneuvers come as Beijing seeks to leverage the economic weight of BRICS into geopolitical influence, particularly regarding the continuity of Iranian crude and petroleum product flows. Per market data, the trade balances of major economies like China, which recorded a trade surplus of $119.1 billion in September 2026 readings, remain closely tied to the security of Gulf waterways and energy infrastructure.

While President Xi's remarks lacked a concrete ceasefire plan, markets are monitoring international reactions to the bloc's evolving diplomatic stance. Looking at economic indicators, data released on September 9, 2026, showed China's annual inflation rate rising to 0.8%, underscoring Beijing's need to secure low-cost energy imports to support domestic price stability and industrial growth in the coming period.