Indian stocks and the rupee rallied on Trump’s remarks on Tuesday, but halting Russian oil purchases in particular would be a major concession for the Modi government, which has repeatedly insisted that buying crude wherever it wants is a matter of “strategic autonomy”.

Agreements were reached to boost supply volumes via the Power of Siberia pipeline from 38 bcm per year to 44 bcm per year and to increase supply volumes via the Far Eastern route from 10 bcm per year to 12 bcm per year.

The Draft National Electricity Policy 2026, once finalised, will replace India's first National Electricity Policy (NEP) which dates back to 2005.

South Korea’s Climate, Energy & Environment Minister Kim Sung-hwan said the government will proceed under the 11th Basic Power Supply Plan, which calls for the construction of two large-scale nuclear reactors with a combined capacity of 2,800 MWe, scheduled for completion in 2037 and 2038.

Russia has remained China's largest crude supplier, but those flows fell to 2 million b/d (83.15 million metric tons) in the first 10 months of 2025, down 7.7% year over year, according to data from China's General Administration of Customs.

Front-month futures on the Dutch Title Transfer Facility (TTF) are trading at the lowest for more than 18 months around €29 per megawatt hour down from more than €58 at one point in February.

The agreement provides a framework for collaboration on innovative nuclear technologies that can help countries across Asia and the Pacific diversify their energy mix and meet growing power demand.

India has a target to expand its nuclear energy capacity to 100 GW by 2047. It plans to achieve this by a two-pronged approach, with the deployment of large-capacity reactors as well as small modular reactors (SMRs).

"Our cooperation in the energy sphere is of a special, strategic nature and spans the oil, gas, coal and nuclear sectors," Mishustin told Li, according to a transcript from the meeting published on Russia's government website.

Top refiners Indian Oil Corp., Bharat Petroleum Corp., and Hindustan Petroleum Corp. collectively floated a tender to acquire US supplies of liquefied petroleum gas.

India and Canada will work together to secure supply chains in critical minerals and clean energy, according to a joint statement, signaling a reset in bilateral ties amid trade tensions driven by U.S. policies.

Together, the four sanctioned firms accounted for more than 80% of India’s Russian oil imports in 2024,

As part of the strategic investments, Tokyo has agreed to invest $550 billion in US sectors, including energy infrastructure and production, LNG, advanced fuels, grid modernization, critical minerals mining, processing and refining, and commercial and defense shipbuilding, including new yards and modernization of existing facilities.

The Indian Ministry of Power has released its Roadmap for achieving the goal of 100 GW of nuclear capacity by 2047.

The Central Electricity Regulatory Commission is considering further changes to how the gap between scheduled and actual power generation is calculated, according to a document posted on its website. The move follows last year’s decision to narrow the allowed limits for such deviations.