The Economist writes about this.
As noted in the publication, all three countries are members of the same international clubs, and bilateral trade between them is growing.
In addition, plans are being developed between the countries for duty-free blocs, new payment systems and trade routes bypassing Western-controlled territories.
“For America and its allies, this threatens to turn into a nightmare,” the publication says.
It was previously reported that Beijing intends to support Moscow’s activities in BRICS in all areas.
Also, the coordinator for strategic communications at the White House National Security Council, John Kirby, said that the United States is considering expanding sanctions for cooperation between Russia and Iran.
In early March, Russia began joint naval exercises with China and Iran in the Gulf of Oman.