Iran’s ambassador to Russia says global energy security is currently largely determined by countries of the Global South, particularly Brics members, Al Jazeera reports citing remarks carried by Iranian state media.

Speaking at a gathering on energy cooperation and security within the Brics framework, Kazem Jalali has called on the bloc to help shape a fairer and more stable energy order.

Jalali says geopolitical tensions, supply chain disruptions, global market volatility and rising demand in emerging economies have made energy security a cornerstone of global stability and development.

He adds that energy security goes beyond access to resources and encompasses the security of supply, demand, investment, technology, infrastructure, and finance.

“The extensive capacities of Brics member states entail shared responsibilities, and these countries must play a role in shaping a more just, stable, and inclusive global energy security system,” Jalali states.