"We are developing cooperation with Iran in a variety of areas. We intend to do this further," Kremlin Press Secretary Dmitry Peskov told CNBC Tuesday.

A recent meeting between Vladimir Putin and Massoud Pezeshkian belies their diverging interests despite shared adversaries.

As Russia and Iran strengthen their partnership, the implications for U.S. support for Israel are becoming increasingly complex. This collaboration raises concerns about shifting power dynamics in the Middle East,

Yuri Ushakov, foreign policy aide to Putin, stated that 36 countries have confirmed their participation, with over 20 planning to send their heads of state, the Associated Press reported. The 2024 summit coincides with the annual meetings of the IMF and World Bank, the two Bretton-Woods institutions that BRICS positions itself as an alternative to.

Two dozen world leaders  gathered in Russia on Tuesday for the opening of a three-day summit of the BRICS group, an alliance of emerging economies that the Kremlin hopes will challenge Western "hegemony".