Kremlin: Putin to meet Iranian Foreign Minister Abbas Araghchi during his visit to Moscow tomorrow, Monday

Russian President Putin is scheduled to meet Iranian Foreign Minister Abbas Araghchi in Moscow on Monday, signaling high-level diplomatic engagement between the two nations. The meeting is likely to influence geopolitical risk pricing in energy and equity markets, particularly through the channel of regional security coordination and potential joint responses to Western sanctions. Markets will assess whether the talks reinforce bilateral defense or energy cooperation, which could tighten supply-side dynamics in the oil market amid ongoing Middle East tensions. Russian and Iranian financial assets, particularly OFZ and Tehran-listed equities, may see volatility tied to perceived shifts in sanction risk or military alignment. Traders will watch for official statements on energy collaboration or military assurances, with any concrete agreements likely to impact Brent crude pricing and EM sovereign spreads.

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