In the attached diagram, simply add up the oil market percentage % for all countries displayed in Red, Green, and Yellow. Total is roughly 80% of the total world oil market known reserved.
Currently comprised of Brazil, Russia, India, China, and South Africa, BRICS announced at the Johannesburg summit that Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates will officially join in January 2024.
America has lost any control it had over oil prices for the foreseeable future," stated Irish economist Philip Pilkington in an article for the British portal UnHerd.
In terms of oil reserves, BRICS will also control nearly half of the world’s total, 719.5 billion barrels out of 1.6 trillion. If Venezuela, which has also recently applied for membership, is accepted into its ranks, the group’s control will be even greater – around 65.4%. In comparison, the G7 group of leading economies (The US, UK, Germany, Italy, Canada, France, and Japan) controls only 3.9% of known crude reserves.
Download And Shared Diagram BRICS 11 Oil Market
https://files.catbox.moe/3ghbo0.jpg
https://archive.md/H1sLJ
https://web.archive.org/web/20230831044610/https://files.catbox.moe/3ghbo0.jpg
Source, Data, Calculations
In the attached diagram, simply add up the oil market percentage % for all countries displayed in Red, Green, and Yellow. Total is roughly 80% of the total world oil market known reserved.
https://files.catbox.moe/3ghbo0.jpg
https://en.wikipedia.org/wiki/List_of_countries_by_proven_oil_reserves#/media/File:Map-of-countries-by-proven-oil-reserves-(in-millions-of-barrels)---2017---US-EIA---Jo-Di-graphics.jpg
https://en.wikipedia.org/wiki/List_of_countries_by_proven_oil_reserves#Countries
https://www.tasnimnews.com/en/news/2023/08/25/2946725/brics-expansion-to-shift-global-energy-market-power-data-shows
https://www.theburningplatform.com/2023/08/26/expanded-brics-to-dominate-global-energy-markets/
https://web.archive.org/web/20230826132648/https://www.theburningplatform.com/2023/08/26/expanded-brics-to-dominate-global-energy-markets/
https://www.visualcapitalist.com/visualizing-the-brics-expansion-in-4-charts/
https://web.archive.org/web/20230831045253/https://www.visualcapitalist.com/visualizing-the-brics-expansion-in-4-charts/
https://www.forbes.com/sites/davidblackmon/2023/08/28/8-consequential-energy-implications-of-the-brics-expansion/?sh=71faedcc1bfe
More Red Pill Memes And Diagrams
https://www.visualcapitalist.com/cp/animated-chart-g7-vs-brics-by-gdp-ppp/
https://web.archive.org/web/20230831045253/https://www.visualcapitalist.com/visualizing-the-brics-expansion-in-4-charts/
Attribution
Thanks to Benjamin for the link