The MoU was signed by Rosatom CEO Alexei Likhachev and the President of the Atomic Energy Organisation of Iran Mohammad Eslami.

Uzbekistan says that it aims to have completed the design for the SMR project by the end of this year so that the "main phase of its implementation can begin in 2026".

The World Atomic Week (WAW) international forum, dedicated to the 80th anniversary of the Russian nuclear industry, which took place from 25 to 28 September at the All-Russia Exhibition Centre in Moscow, attracted more than 20,000 visitors from 118 countries.

The facility located above the Arctic circle is key for Russia’s ambition to triple LNG production by the end of the decade. While those plans were squeezed by international restrictions after the Kremlin’s invasion of Ukraine, China’s decision to take more Russian gas amid a confrontation with the US could revive those goals.

Russia remained the top supplier of nuclear reactor fuel to the US last year, even after a ban on enriched uranium imports from the country took effect in May.

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,

Russia sold 35 billion bcm of gas to the European Union in 2024, which positioned Russia as Europe’s largest gas supplier. Gas has not been subjected to EU sanctions, although the EU has stated it wishes to cut off all Russian gas supplies by 2027. Iran’s gas consumption potential can more than make up the difference and is also likely to spur Iranian industrial development.

Current Russian exports to the Philippines are dominated by products from the metallurgical and chemical industries and the timber sector, as well as agricultural goods and food products. Philippines exports to Russia include electronics, chemical industry goods and agricultural products.

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.

Trump has repeatedly threatened the largest buyers of Russian crude with sanctions if a deal to end the war in Ukraine is not reached. On Aug. 6, Trump issued an executive order raising tariffs on US imports from India from 25% to 50%, in response to what Trump described on Truth Social as India's "massive" purchases of Russian crude.

Physical export volumes in July increased 1.4% month-on-month to 7.3 million barrels per day, matching the export volume from a year earlier.

The refiner, part-owned by Russian oil major Rosneft PJSC, is an important pillar of the Indian market. Its 400,000 barrels-a-day processing plant accounts for 8% of the country’s refining, and the company operates 7% of its fuel stations.

Performance on the Oil Majors has been one to ponder on as shifts in pricing has been dependent majorly on Russian Oil supply point in case being India.

Russia has often raised crude exports to China via the Arctic route during the navigation season, when voyage time to the world's top seaborne crude importer is shorter and freight costs lower.

Russia and Malaysia have begun working on an intergovernmental agreement on deliveries of floating nuclear power plants (FNPP), according to Alexei Likhachev, the CEO of state nuclear corporation Rosatom.