# [30D] BRICS and Allied States Formalize Steps Toward Alternative Energy Settlement and Insurance

*Issued Sunday, September 13, 2026 at 1:44 PM UTC — Hamer Intelligence Services Desk*

**Issued**: 2026-09-13T13:44:48.021Z (3h ago)
**Expires**: 2026-10-13T13:44:48.021Z (30d from now)
**Category**: GEOPOLITICAL | **Confidence**: 57% | **Impact**: HIGH
**Risk Direction**: escalatory
**Affected Regions**: China, India, Russia, Iran, Selected African states, Global maritime trade routes
**Affected Assets**: US dollar-denominated oil trade, P&I insurance dominated by Western clubs, Local-currency swap lines among BRICS, Energy majors operating in BRICS spheres
**Permalink**: https://hamerintel.com/data/forecasts/24782.md
**Source**: https://hamerintel.com/forecasts

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## Prediction

Over the next 30 days, BRICS members and aligned states (including Iran and some African partners) are likely to announce at least pilot initiatives for settling energy trades in non-dollar currencies and for pooled or alternative maritime insurance mechanisms, explicitly framed as responses to Gulf chokepoint instability and Western sanctions. Even if limited in scope, such pilots will signal a structural challenge to the dominance of Western-controlled financial and insurance systems in energy shipping. Strategically, this could gradually weaken US and EU leverage over sanction enforcement and crisis management in maritime domains. Confirmation would be formal communiqués or agreements on such mechanisms; disconfirmation would be an absence of new initiatives despite ongoing Gulf disruptions.

## Drivers

- Emerging trend: BRICS consolidation and post-Western security and economic architectures
- AFRICOM notes of Zimbabwe and Uganda deepening ties with BRICS
- Current multi-actor contest over energy corridors in Hormuz and Red Sea