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CNBC

Iran looks to ramp up economic alliance with BRICS nations as war with U.S. drags on

Thursday, August 13, 2026


Iran's central bank chief announced Thursday that Iran will join the BRICS New Development Bank. The BRICS bloc includes Brazil, Russia, India, China, and South Africa. The statement did not specify a timeline for Iran's entry into the development institution.

Original reporting: https://www.cnbc.com/2026/08/13/iran-war-brics-bank.html

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