• Russian President Vladimir Putin and Chinese President Xi Jinping held a phone call to discuss Iran, according to a report from Interfax.
  • The leaders emphasized de-escalation and diplomacy in the Middle East, aligning with their shared vision of a multipolar global order.
  • The call underscores deepening coordination between Moscow and Beijing on energy security and sanctions evasion, with Iran as a key linchpin.

Kremlin Confirms Talks on Iran

The Kremlin confirmed that Putin and Xi Jinping spoke by phone on Thursday, with Iran featuring prominently in the discussions, according to a person familiar with the matter. The call comes amid heightened tensions in the Middle East and ongoing Western sanctions on both Russia and Iran.

“The leaders exchanged views on the situation around Iran, underscoring the need for a diplomatic solution and respect for international law,” the person said, speaking on condition of anonymity due to the sensitivity of the talks. Neither the Kremlin nor China’s foreign ministry have released an official readout, but Interfax reported the call citing an unnamed source.

Strategic Alignment on Energy and Finance

Iran has become a central node in Russia-China efforts to build alternative financial and energy architectures. Bilateral trade between Russia and China has surpassed $200 billion, and both nations are pushing for settlement in rubles and yuan rather than the dollar. The discussions also touched on energy supply routes and cooperation within the BRICS and Shanghai Cooperation Organization frameworks, both of which include Iran as a member or observer.

“This is part of a broader strategy to reduce dependence on Western-dominated systems,” said a Moscow-based analyst. “Iran is seen as a critical partner in securing energy transit and testing alternative payment networks.”

Implications for Global Markets

The Putin-Xi alignment on Iran could have ripple effects on oil markets and regional diplomacy. A coordinated push for a ceasefire or negotiated settlement in Iran-related conflicts might stabilize energy prices, but any escalation risks disrupting flows through the Strait of Hormuz. Investors are closely watching for any follow-up statements or joint initiatives, as the axis seeks to reshape global governance norms.

Broader Context

The call builds on a series of high-level exchanges this year, including a face-to-face meeting in Beijing in May. Both leaders have consistently opposed unilateral sanctions and advocated for a multipolar world order. Iran’s nuclear program and its role in regional conflicts remain points of contention with the West, but for Moscow and Beijing, Tehran is a vital partner in challenging U.S. influence.

Reached for comment, a spokesperson for the U.S. State Department declined to comment on the call but reiterated Washington’s commitment to “countering destabilizing activities by Iran and its allies.”