Two key parts of Sacks’ forecast have not materialized by late 2025:

1. Membership scenario did not occur

   • As of 2025, the full BRICS members are Brazil, Russia, India, China, South Africa, Saudi Arabia, Egypt, Ethiopia, Iran, the UAE, and Indonesia. Venezuela and Algeria are not members, and Kazakhstan is only a partner country, not a full member. (brics.br)
   • Venezuela has applied for BRICS membership and continues to campaign for entry, but its bid for even partner status was blocked and it remains outside the bloc. (en.sputniknews.africa)
   • Algeria has been authorized to join the BRICS New Development Bank, and was among those invited to become a BRICS partner, but it is not a BRICS member and did not complete the partner process by end‑2024. (geopoliticaleconomy.com)
   • Kazakhstan only obtained BRICS partner status starting January 1, 2025, which explicitly falls short of full membership. (brics.br)
     Sacks’s stated scenario “if BRICS adds Venezuela, Algeria and Kazakhstan … as soon as next year (2024)” has therefore not happened.

2. Energy control is far below 90% even after expansion

   • Official BRICS data after the 2024–25 expansion show the bloc accounts for about 43.6% of global oil production and 36% of global natural gas production. (brics.br)
   • Independent analyses of “BRICS+” that include major new oil producers (Saudi Arabia, UAE, Iran) find similar magnitudes: about 43–48% of world oil production and roughly 35–36% of global gas production/reserves, not anywhere close to 90%. (iris-france.org)
   • Fact‑checking outlets examining viral claims that an expanded BRICS controls 80% of global oil also conclude those numbers are false; best estimates remain just over 40% of world petroleum production. (factcheck.afp.com)

Given that (a) the specific admission of Venezuela, Algeria, and Kazakhstan as members did not happen “as soon as next year,” and (b) even with other major producers added, BRICS controls on the order of one‑half or less of global oil production and roughly a third of gas—far from “90% of all oil and gas traded globally”—Sacks’s prediction is wrong.