The BRICS group is poised to witness a significant expansion, doubling its membership on January 1. South Africa’s envoy to the bloc reveals that Saudi Arabia, Iran, the United Arab Emirates, Ethiopia, and Egypt are set to join the ranks of the current members – Brazil, Russia, India, China, and South Africa.

This strategic move aligns some of the world's major energy producers with prominent consumers in the realm of developing nations. The collaborative force of these diverse economies is bound to reshape global dynamics and foster new avenues for growth and cooperation. The De-Dollarization will be getting steam as this expansion clearly follows one prominent goal: bringing down the Petrodollar.