Russia is now aiming to capitalize on supply concerns as a result of the conflict in the Middle East, where energy infrastructure and supply routes have been attacked.

Особое внимание уделили вопросам переориентации поставок российского газа с европейского направления на более надёжные и выгодные рынки в связи с принятым Евросоюзом поэтапным ограничением поставок газа из России.

Dutch front-month futures, Europe’s gas benchmark, traded 15% lower at €47.99 a megawatt-hour by 8:41 a.m. in Amsterdam.

Benchmark futures jumped as much as 25% — the biggest increase since August 2023 — after tanker traffic through the Strait of Hormuz largely halted over the weekend.

The Russian Deputy Prime Minister Alexander Novak and Turkish Energy and Natural Resources Minister Alparslan Bayraktar have been discussing additional prospects for cooperation in their bilateral oil and gas, as well as the development of nuclear energy, at meetings held in Istanbul.

"Poland has the potential to become a European leader in small modular reactor (SMR) technology," said Polish Minister of Energy Miłosz Motyka.

NANO Nuclear and EHC will also explore the future potential for deploying KRONOS MMR reactors in select markets across the wider Gulf region.

The European Climate Law already establishes climate neutrality by 2050 and a 55% net GHG reduction by 2030 (vs. 1990) as legally binding obligations for all member states.

The 15.75 Bcm/year-capacity European string of TurkStream remains the sole pipeline route for Russian gas supplies to Europe after Ukraine halted Russian gas transit at the start of 2025, following the expiry of its five-year transit agreement with Moscow at the end of 2024.

Paks has four VVER-440 units, commissioned in the 1980s, and two new VVER-1200 units are being built by Atomstroyexport, a subsidiary of the Russian Rosatom.

Saudi Arabia and Türkiye have signed a strategic agreement to develop large-scale renewable energy power plant projects in Türkiye.

Russian-origin crude liftings from Russian ports reached 3.88 million b/d, the highest since April 2024,

These new measures follow the 18th sanctions package, unveiled in July 2025, which lowered the oil price cap on Russian crude to US$47.6/bbl,

In Brussels, Belgium, Secretary Wright met with members of the European Parliament and Commission, stressing the benefits of U.S.-E.U. energy partnerships, ending Europe’s reliance on Russian oil and gas, and the need to shift away from policies that lead to more expensive energy and inhibit long-term energy agreements in the EU.

The BWRX-300 is a 300 MWe water-cooled, natural circulation SMR with passive safety systems that leverages the design and licensing basis of GE Vernova Hitachi Nuclear Energy's 1500 MW ESBWR boiling water reactor.