Iran and Russia’s leaders have jointly condemned the global influence of the US dollar, framing it as a tool of economic control ahead of the upcoming BRICS summit in India. Their remarks highlight growing tensions over monetary sovereignty and financial independence among major emerging economies. The criticism comes as discussions intensify on alternative payment systems and currency arrangements outside traditional Western-led frameworks. This move underscores broader efforts to reduce reliance on dollar-dominated trade and reserves.


The presidents of Iran and Russia have criticised US dollar dominance ahead of the BRICS summit in India.