US ‘Oil for Security’ Formula Faces Setback As Saudi Arabia Shows Interest in Joining BRICS

Amid an intensifying spat with the US on oil production, Saudi Arabia has expressed its “desire” to join BRICS (Brazil, Russia, India, China and South Africa), a move Chinese experts view as a setback for Washington’s “oil for security” approach toward the Middle East and its increasingly reckless interference in other countries’ affairs.