"Now it is inevitable to cut off oil supplies to the North, we hope Russian Federation will cooperate as well", Moon was quoted as telling Putin by presidential spokesman Yoon Young-Chan, Yonhap news agency reported.
"It's very hard to see that this first draft, in its current form, would go before the Security Council as early as Monday and be passed", said Jordan.
Even as Trump has insisted that now is not the time to talk to North Korea, senior members of his administration have made clear that the door to a diplomatic solution remains open, especially given the USA assessment that any pre-emptive strike would unleash massive North Korean retaliation.
Cheong Wa Dae on Tuesday said President Moon Jae-in plans to bolster pressure and sanctions against North Korea to stop further provocations.
Jia Qingguo, a professor of global studies at Peking University in China, categorized North Korea's relentless missile and nuclear tests as "suicidal".
The defense ministry's Wednesday announcement came just two days after it vowed to install the four additional launchers, saying they would "soon be tentatively deployed through South Korea-US consultations in order to counter North Korea's advancing nuclear and missile threats".
China believes that in turning off the oil taps, the North Korea state could collapse, forcing a flood of refugees into its north-eastern provinces and the possibility of a new pro-US-regime on its doorstep.China is also North Korea's main trading partner in textiles, an industry which now provides the North with its main source of export revenue.
North Korea's leader Kim Jong-un ordered the production of more rocket warheads and engines, shortly after the United States suggested that its threats of military action and sanctions were having an impact on Pyongyang's behavior.
Beijing has said reining in North Korea is not chiefly its responsibility, and has expressed doubts that United Nations economic sanctions, which it has backed, will resolve the situation.
US President Donald Trump has urged China to do more to rein in its neighbour, which has pursued its weapons programmes in defiance of United Nations sanctions and worldwide condemnation.
"One should not give in to emotions and drive North Korea into a corner", said Putin after a meeting with South Korean President Moon Jae-in at the Eastern Economic Forum.
Forced by the increasing threats from Pyongyang, the US and South Korea had announced they would deploy four more interceptor launchers. "We had a very, very frank and very strong phone call", Trump said.
North Korea accused South Korea and Japan of "dirty politics".
After Kim's pariah regime claimed it carried out a hydrogen bomb test over the weekend, US Ambassador Nikki Haley said the United States would be seeking a vote at the council on new sanctions on September 11.
USA officials say such restrictions could have a major impact on North Korea's military and industrial economy as it lacks its own oil resources. China has also been strongly against the deployment, arguing that the battery's presence undermines its security interests in the region.