{"id":71700,"date":"2026-09-12T06:38:12","date_gmt":"2026-09-12T10:38:12","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-tensions-rise-as-xi-urges-brics-unity-and-trump-signals-end-to-iran-war\/71700\/"},"modified":"2026-09-12T06:38:12","modified_gmt":"2026-09-12T10:38:12","slug":"global-tensions-rise-as-xi-urges-brics-unity-and-trump-signals-end-to-iran-war","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-tensions-rise-as-xi-urges-brics-unity-and-trump-signals-end-to-iran-war\/71700\/","title":{"rendered":"Global Tensions Rise as Xi Urges BRICS Unity and Trump Signals End to Iran War"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_86 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-tensions-rise-as-xi-urges-brics-unity-and-trump-signals-end-to-iran-war\/71700\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-tensions-rise-as-xi-urges-brics-unity-and-trump-signals-end-to-iran-war\/71700\/#Xi_Jinping_Urges_BRICS_Leadership_in_Global_Stability\" >Xi Jinping Urges BRICS Leadership in Global Stability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-tensions-rise-as-xi-urges-brics-unity-and-trump-signals-end-to-iran-war\/71700\/#Trump_Predicts_Swift_End_to_Iran_Conflict_and_Lower_Oil_Prices\" >Trump Predicts Swift End to Iran Conflict and Lower Oil Prices<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-tensions-rise-as-xi-urges-brics-unity-and-trump-signals-end-to-iran-war\/71700\/#Saudi_Pipeline_Attack_Escalates_Regional_Tensions\" >Saudi Pipeline Attack Escalates Regional Tensions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-tensions-rise-as-xi-urges-brics-unity-and-trump-signals-end-to-iran-war\/71700\/#Trade_and_Diplomacy_Canada_and_Irish_Unification\" >Trade and Diplomacy: Canada and Irish Unification<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-tensions-rise-as-xi-urges-brics-unity-and-trump-signals-end-to-iran-war\/71700\/#Ford_Issues_Major_Recall_Over_Fuel_Tank_Hazards\" >Ford Issues Major Recall Over Fuel Tank Hazards<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Xi Jinping<\/strong> calls for <strong>BRICS<\/strong> nations to stand on the &quot;right side of history&quot; and lead global peace efforts amid the <strong>Middle East<\/strong> crisis.<\/li>\n<li><strong>President Donald Trump<\/strong> predicts the <strong>war with Iran<\/strong> will end &quot;very soon,&quot; potentially immediately following the U.S. midterm elections.<\/li>\n<li><strong><a href=\"https:\/\/stockmarketwatch.com\/energy\/crude-oil\" data-internallinksmanager029f6b8e52c=\"12\" title=\"Crude oil\">Oil prices<\/a><\/strong> surged past <strong>$100 per barrel<\/strong> (Brent hitting $109) following a drone attack on a vital <strong>Saudi Arabian<\/strong> pipeline.<\/li>\n<li><strong>Ford Motor Company (<a href=\"\/stock\/F\">F<\/a>)<\/strong> is recalling over <strong>223,000 vehicles<\/strong> in the U.S. due to a critical fuel tank detachment risk.<\/li>\n<li><strong>Trump<\/strong> signals a potential trade deal with <strong>Canada<\/strong> is &quot;coming soon&quot; despite ongoing tariff disputes and tensions over agricultural treatment.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Xi_Jinping_Urges_BRICS_Leadership_in_Global_Stability\"><\/span>Xi Jinping Urges BRICS Leadership in Global Stability<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Chinese President <strong>Xi Jinping<\/strong> addressed the 18th <strong>BRICS Summit<\/strong> in New Delhi on Saturday, urging member nations to play a &quot;pioneering role&quot; in maintaining international peace. Xi emphasized that the bloc must stand on the &quot;right side of history&quot; to steer the international order toward greater justice and equity.<\/p>\n<p>The Chinese leader specifically highlighted the conflict in the <strong>Middle East<\/strong> and <strong>Gulf region<\/strong>, stating that the war does not serve the &quot;common interests&quot; of the international community. China announced it will collaborate with <strong>BRICS<\/strong> partners to promote stability in the region and confirmed it will take the <strong>BRICS chair in 2027<\/strong> to host the 19th summit.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Trump_Predicts_Swift_End_to_Iran_Conflict_and_Lower_Oil_Prices\"><\/span>Trump Predicts Swift End to Iran Conflict and Lower Oil Prices<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Speaking from Dublin after a meeting with Irish Prime Minister <strong>Micheal Martin<\/strong>, <strong>President Donald Trump<\/strong> stated that the war with <strong>Iran<\/strong> will likely conclude in the near future. Trump alleged that <strong>Tehran<\/strong> is attempting to prolong the conflict to influence the upcoming U.S. midterm elections but predicted a resolution &quot;probably right after election times.&quot;<\/p>\n<p>The President linked the end of hostilities directly to energy markets, asserting that <strong>oil prices<\/strong> will &quot;plummet&quot; once the war is over. Currently, <strong>Brent crude<\/strong> has spiked above <strong>$109 a barrel<\/strong>, fueled by fears of supply disruptions and the recent closure of the <strong>Strait of Hormuz<\/strong>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Saudi_Pipeline_Attack_Escalates_Regional_Tensions\"><\/span>Saudi Pipeline Attack Escalates Regional Tensions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A major <strong>Saudi Arabian East-West pipeline<\/strong> was shut down on Friday following a drone attack that <strong>Trump<\/strong> indicated was likely backed by <strong>Iran<\/strong>. The attack, which originated from <strong>Iraqi territory<\/strong>, has forced <strong>Riyadh<\/strong> to halt its primary bypass route for exporting crude while the <strong>Strait of Hormuz<\/strong> remains restricted.<\/p>\n<p>Despite the escalation, <strong>Trump<\/strong> noted that the <strong>Houthis<\/strong> have indicated they are not interested in a direct fight with the U.S. He described <strong>Saudi Crown Prince Mohammed bin Salman<\/strong> as a &quot;friend&quot; and expressed confidence that the security situation in the <strong>Hormuz Strait<\/strong> and the <strong>Red Sea<\/strong> would be &quot;straightened out.&quot;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Trade_and_Diplomacy_Canada_and_Irish_Unification\"><\/span>Trade and Diplomacy: Canada and Irish Unification<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>On the trade front, <strong>Trump<\/strong> expressed optimism that a deal with <strong>Canada<\/strong> could be reached &quot;fairly soon,&quot; provided the timing is right. He urged <strong>Canada<\/strong> to improve its treatment of <strong>U.S. farmers<\/strong>, specifically calling for the removal of tariffs that have strained the bilateral relationship.<\/p>\n<p>The President also weighed in on <strong>Irish unification<\/strong>, calling it a &quot;great achievement&quot; that he believes will happen eventually. However, he noted that the <strong>United Kingdom<\/strong> would necessarily have significant input in any such process, acknowledging the sensitivity of the issue for London.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ford_Issues_Major_Recall_Over_Fuel_Tank_Hazards\"><\/span>Ford Issues Major Recall Over Fuel Tank Hazards<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Ford Motor Company (<a href=\"\/stock\/F\">F<\/a>)<\/strong> is recalling <strong>223,472 vehicles<\/strong> in the United States due to improperly secured fuel tanks. According to the <strong>National Highway Traffic Safety Administration (NHTSA)<\/strong>, the tanks may leak or detach entirely while the vehicle is in motion, posing a significant crash and fire risk.<\/p>\n<p>The recall affects certain <strong>2023-2027 F-150<\/strong> models. <strong>Ford<\/strong> has advised that a detached tank can create a road hazard for other motorists, while fuel leaks could lead to engine failure. Dealers are expected to inspect and replace the faulty components free of charge to mitigate the risk.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Xi Jinping calls for BRICS nations to stand on the &quot;right side of history&quot; and lead global peace [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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