Modi’s BRICS warning makes oil’s monthly rise a test of global stability risk

AP News reports that India’s Modi warned at BRICS that geopolitical tensions and supply-chain shocks threaten global stability. His warning identifies both political friction and disrupted supply flows as risks.

Separately, Yahoo Finance data obtained via yfinance show Brent crude at $104.61 per barrel as of September 13, 2026. Brent fell 2.81% in one day but remained up 9.52% over one week and 20.14% over one month.

Supply-chain shocks can raise energy costs, so Brent’s one-month gain gives readers a concrete measure for judging whether Modi’s warning has support in the commodity market. A subsequent reversal that erases the 20.14% monthly gain would weaken that interpretation.

Source: AP News — published Sun, 13 Sep 2026 10:50:00 GMT; retrieved 2026-09-13T20:36:47.210718+00:00. Supporting market data: Yahoo Finance via yfinance, as of 2026-09-13.