OPEC+ is more important than BRICS for understanding energy power blocs, because among BRICS nations, India, China, and Brazil are in very different positions from Russia, and China has severe foreign oil/gas dependency constraints; OPEC+ (particularly the Saudi-Russian axis) is the relevant energy power bloc.
factualpending
Speaker
Helen ThompsonEvidence Quote
“OPEC+ matters a lot more than the BRICS. China has its own really quite severe still constraints around its foreign oil and gas dependency... we should think in terms of OPEC+ and not think in terms of BRICS.”
Source
Helen Thompson: "The Complex History of Energy and Geopolitics" | The Great Simplification #98— Nate HagensCreated: 8/12/2026, 6:08:12 PM
My Notes
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