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First Squawk
@FirstSquawk
Firstsquawk Is a Global Financial (News) Squawk Service Specialising In Financial Markets, Macro, Geopolitics,politics
Joined July 2015
251 Following    568K Followers
BRICS Urges Restraint as Middle East Tensions Escalate BRICS nations, including Iran, the United Arab Emirates, India and China, have expressed deep concern over rising tensions in the Middle East and called for maximum restraint. In a joint statement, the group urged countries to avoid actions that could further worsen the conflict and encouraged dialogue and diplomacy to achieve lasting peace, security and stability. The escalating conflict has disrupted regional trade and pushed up global crude, fuel and gas prices, creating pressure for major energy importers such as India and China. BRICS also stressed the importance of maintaining the flow of global trade, energy and supply chains, particularly amid concerns over the Strait of Hormuz. The group condemned attacks on civilian infrastructure and peaceful nuclear facilities while calling for greater international cooperation to prevent further escalation.
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