BRICS opens in New Delhi, September 12, 2026

1. BRICS SUMMIT OPENS IN NEW DELHI
Chinese President Xi Jinping arrived in New Delhi for the 18th BRICS Summit on September 12–13, his first visit to India since 2019. He held bilateral talks with Prime Minister Narendra Modi at Bharat Mandapam; Russian President Vladimir Putin and Iranian President Masoud Pezeshkian also attended.
The agenda is dominated by the wars in the Middle East and Ukraine, trade and energy security, underscoring BRICS as a forum for policy coordination among its members.

2. PUTIN WARNS EUROPE OVER TROOPS TO UKRAINE
Russian President Vladimir Putin said any deployment of European troops to Ukraine would mean “war with Russia,” accusing Western countries of trying to “finish off” Russia through Ukraine while insisting Moscow does not threaten European countries.
The statement sharply raises the risk of direct escalation between Russia and NATO; it is a Russian position and no official NATO response is included in the data.

3. US NAVY RESTRICTS HORMUZ TRANSIT WINDOWS
The US Navy has limited authorized transit windows for merchant ships through the Strait of Hormuz to two fixed time slots per day, down from overnight coverage, as a cost-management measure amid Iranian attacks on commercial shipping.
The move could slow maritime traffic and add pressure to global oil supply chains, especially as the route is already unstable because of fighting.

4. SAUDI ARABIA SHUTS OIL PIPELINE AFTER DRONE ATTACK
Saudi Arabia temporarily closed its 1,200-km East-West oil pipeline after a drone attack that Baghdad and Riyadh said originated in Iraq. The pipeline has been moving 4–5 million barrels per day, around 4–5 percent of global supply. Iraq dismissed a military commander and closed two border crossings with Iran after drone launch platforms were found near the border; US President Trump said Iran was “probably” behind the attack.
The closure comes while the Strait of Hormuz is largely shut by war, amplifying global energy supply risks. The allegation of Iranian involvement has not been independently confirmed.

5. TRUMP IN IRELAND, CRITICIZES NATO AND UK ON IMMIGRATION
Speaking in Dublin at the start of a two-day visit, President Donald Trump urged the UK and other European countries to toughen immigration policies and criticized NATO for refusing to help secure the Strait of Hormuz. He said the Houthis had contacted the US and did not want to fight, and repeated that the war with Iran would end after the November 3 US midterm elections.
The remarks signal continued US pressure on allies over security burden-sharing and could affect transatlantic relations ahead of the US vote.

6. NORTH KOREA FIRES MULTIPLE SHORT-RANGE BALLISTIC MISSILES
North Korea launched several short-range ballistic missiles from the Wonsan area toward the East Sea at about 5:20 a.m., flying approximately 250 km. The launch came one day after the South Korea–US–Japan Freedom Edge exercise ended.
The US military assessed no immediate threat and reaffirmed its commitment to defending allies, but the launch continues a cycle of tension on the Korean Peninsula.

7. LEBANESE PRESIDENT VISITS SOUTH AFTER ISRAEL DESTROYS HEZBOLLAH SITE
Lebanese President Joseph Aoun made a surprise visit to Nabatieh in southern Lebanon and pledged to achieve an Israeli withdrawal and rebuild the area, days after Israel seized and blew up underground Hezbollah fortifications on the Ali al-Taher ridge.
The visit asserts Beirut’s sovereignty amid lingering tension; no confirmed Israeli withdrawal timeline is given in the data.

8. YEMEN DISPLACEMENT CRISIS WORSENS
At least 76,000 people have been displaced in Yemen since July, a figure that quadrupled in the past week due to fighting between government forces and Iran-backed Houthi rebels, according to the UN International Organization for Migration.
The sharp increase points to a rapidly deteriorating humanitarian situation and may intensify international calls for a ceasefire.

9. FRANCE CUTS 2026 GROWTH FORECAST TO 0.5 PERCENT
The French government cut its 2026 economic growth forecast to 0.5 percent from 0.7 percent, the third downward revision this year. Economy and Finance Minister Roland Lescure cited fiscal strain and slow growth.
The revision reflects budget pressure in the eurozone’s second-largest economy and could shape fiscal policy debates and market sentiment in Europe.

What to watch today: Iran is expected to join a Gulf meeting on the Strait of Hormuz in Oman on September 14, though Tehran says no significant results are expected.
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