OPEC On Steroids
I have for a while now argued that the BRICS, thanks to their expanding membership, were turning into a sort of super OPEC. While the OPEC, now OPEC+ with Russia, is centered around fossil fuels, the expanded BRICS are every commodity exports all at once.
Food: Russia + Brazil + Argentina
Oil: Russia + Iran + Saudia Arabia + Brazil
Gas: Rus…
