Courtesy: Reuters / Yonhap News Agency
The recent BRICS Summit in New Delhi was declared a success. Its 140-paragraph New Delhi Declaration is the longest yet. With members divided over the Russia-Ukraine and West Asia wars, leaders avoided naming countries or taking positions, focusing on issues affecting the Global South and deepening intra-BRICS cooperation. India steered the grouping towards practical cooperation. The question now is: how will BRICS implement the decisions taken?
Courtesy: Gateway House
The Smackover Formation in south Arkansas and east Texas holds vast reserves of lithium — the critical mineral powering electric vehicles, energy storage systems, and data centres. If successfully tapped, those reserves could drastically reduce America's dependence on China. Arkansas has a stable, proven, predictable regulatory and statutory framework and familiarity with the production process. Policymakers in India would be wise to follow developments closely.
Courtesy: Gateway House
The West Asian conflict is raising questions about Iran’s performance. Tehran appeared well-prepared, having expanded its low-cost drone and missile capabilities. It also widened the conflict by targeting U.S. bases in the Gulf. The key lesson is that eliminating leadership does not guarantee regime change. The conflict underscores that modern warfare depends not just on battlefield gains, but also on economic resilience, trade leverage, and technological strength.
Courtesy: Gateway House
Following the U.S.–Iran ceasefire and partial reopening of the Strait of Hormuz, energy flows may resume, but uncertainty persists. Robin Mills, CEO of Qamar Energy, and Amit Bhandari, Senior Fellow on Energy, Investments and Connectivity, Gateway House, note that Iran will retain leverage and will continue influencing prices and supply chains. Natural gas shortages will further disrupt fertiliser production and fuel inflation world-wide.
Courtesy: AFP
The U.S.–Israel war against Iran will alter the geopolitical landscape of West Asia and adversely impact the global economy, including India. Vali Nasr, Majid Khadduri Professor of International Affairs and Middle East Studies at Johns Hopkins University School of Advanced International Studies, analyses the conflict and its implications in an exclusive conversation with Nayanima Basu.
Courtesy: Shutterstock
The U.S. and Israel launched precise airstrikes on Iran, targeting nuclear facilities and senior leadership. Their aim is to weaken Iran’s nuclear programme and potentially induce regime change, while Tehran’s priority remains regime survival. The conflict’s duration will depend on whether it remains limited to missile exchanges or escalates into asymmetric warfare.
Courtesy: BBC
U.S. action in Venezuela has resurrected the 200-year-old Monroe Doctrine which sought to prevent foreign interference in the Western Hemisphere. Originally intended to keep European colonial powers away, it has been reinterpreted over the years beyond that. Donald Trump has reasserted and updated it to the “Donroe Doctrine,” to revitalise U.S. regional hegemony – and through it, some reduction of Chinese and Russian influence.
Courtesy: Global South World
Prime Minister Modi’s visit to Argentina is a boost to the growing bilateral. Modi and Argentinian President Javier Milei are committed to their countries’ economic and political advancement, and see trade with each other as key. Argentina being in the lithium triangle gives India access to critical minerals.
Courtesy: Revolutionary Communist Group
Venezuela's claim to the Essequibo region of neighbouring Guyana has focused world attention on yet another colonial-era border dispute. With elections coming up, the declining Venezuelan economy laying claim to newly-discovered rich oil and mineral deposits in Guyana has some traction. For Guyana, the claim to its land is non-negotiable as this developing country looks forward to accessing its own wealth. Purvi Patel, Visiting Fellow at Gateway House and Latin America expert, offers her insight.
India is the world's third largest importer of oil after China and the U.S. and a major player providing demand security for oil exporters. The technological changes and geopolitical shifts in the oil economy from the West to the East, highlights India's position as a valuable partner in renewable energy, and oil security and production. The book explores the various elements of India's dependence on imported oil, and how it can turn to an advantage. This excerpt analyses the alternatives to the current West-dominated oil markets and industry that are available to India as a leading consumer.
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