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Russia to Fund New Nuclear Power Plant in Iran as Bilateral Ties Deepen Amid US Talks

Iran’s Oil Minister Mohsen Paknejad met with Russia’s Deputy Prime Minister Alexander Novak in Moscow on April 24, 2025. Photo: Screenshot
Russia has pledged to fund the construction of a new nuclear power plant in Iran as part of a broader energy agreement that also includes a major gas deal between the two countries, as relations between Moscow and Tehran continue to deepen.
On Friday, Iranian Oil Minister Mohsen Paknejad traveled to Moscow to meet with his Russian counterpart, Sergei Tsivilev, as part of the 18th Joint Economic Cooperation Commission.
Paknejad announced that Moscow and Tehran are strengthening their bilateral ties in what he described as “peaceful” nuclear energy, with the construction of a new nuclear power plant in Iran, to be financed through Russian funding.
“Iran and Russia will continue their cooperation in the peaceful use of nuclear energy and the construction of new nuclear energy facilities and the completion of phases two and three of the Bushehr power plant using Moscow’s credit line,” the Iranian minister said during the closing ceremony of the commission.
According to Iranian state media, the two countries also agreed to a 55 billion cubic meters gas transfer deal.
Despite holding the world’s second-largest gas reserves after Russia, Iran continues to import gas due to severe under-investment in its energy sector, caused by mounting US sanctions targeting Tehran’s oil industry under President Donald Trump’s “maximum pressure” campaign, which aims to cut the country’s crude exports to zero and prevent it from obtaining a nuclear weapon.
As part of the energy agreement, Paknejad also announced that Iran will sign a $4 billion deal with Russian companies to develop seven oil fields across the country.
“Multilateral cooperation between Iran and Russia through membership in the Shanghai Cooperation Organization, BRICS, the Gas Exporting Countries Forum, and OPEC+ has led to the provision of common interests, peace, stability, and international security, and I am confident that this cooperation will deepen,” the Iranian minister said during his speech.
Tehran became a member of the Shanghai Cooperation Organization (SCO) — a Eurasian security and political group — in 2023 and also joined the BRICS group in 2024 — a bloc of Brazil, Russia, India, China, and South Africa that positions itself as an alternative to economic institutions like the World Bank and the International Monetary Fund.
These energy deals and expanding nuclear cooperation between Russia and Iran come as the Iranian regime prepares for a third round of nuclear talks with the US in Oman this weekend.
Tehran has previously rejected halting its uranium enrichment program, insisting that the country’s right to enrich uranium is non-negotiable, despite Washington’s threats of military action, additional sanctions, and tariffs if an agreement is not reached to curb Iran’s nuclear activities.
However, US special envoy Steve Witkoff said that any deal with Iran must require the complete dismantling of its “nuclear enrichment and weaponization program.” Witkoff’s comments came after he received criticism for suggesting the Islamic Republic would be allowed to maintain its nuclear program in a limited capacity.
With both Iran and Russia under Western sanctions and Russia’s oil and gas exports to Europe sharply reduced since the start of the war in Ukraine, the two nations have increasingly strengthened their bilateral ties.
Earlier this week, Russian President Vladimir Putin signed a law officially ratifying a 20-year strategic partnership agreement with Tehran, further deepening their military cooperation.
As an increasingly close partner of Iran, Moscow’s diplomatic role in the ongoing US-Iran nuclear talks could be significant in facilitating a potential agreement between the two adversaries. Russia can leverage its position as a veto-wielding member of the UN Security Council and a signatory to a now-defunct 2015 nuclear deal that imposed temporary limits on the Iranian nuclear program in exchange for sanctions relief.
Russia could reportedly be considered a potential destination for Iran’s stockpile of enriched uranium and a possible mediator in any future nuclear deal, particularly in the event of breaches to the agreement.
This option would allow Russia to “return the handed-over stockpile of highly enriched uranium to Tehran” if Washington were to violate the deal, ensuring that Iran would not be penalized for American non-compliance.
Some experts and lawmakers in the US have expressed concern that a deal could allow Iran to maintain a vast nuclear program while enjoying the benefits of sanctions relief.
On Thursday, Iranian Foreign Minister Abbas Araqchi expressed his willingness to engage in talks with European powers regarding Tehran’s nuclear program, indicating that the country is keeping its options open. In response, France also signaled that European nations were open to dialogue if Iran showed it was seriously engaged.
Despite Iran’s claims that its nuclear program is solely for civilian purposes rather than weapon development, Western states have said there is no “credible civilian justification” for the country’s recent nuclear activity, arguing it “gives Iran the capability to rapidly produce sufficient fissile material for multiple nuclear weapons.”
The post Russia to Fund New Nuclear Power Plant in Iran as Bilateral Ties Deepen Amid US Talks first appeared on Algemeiner.com.
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After False Dawns, Gazans Hope Trump Will Force End to Two-Year-Old War

Palestinians walk past a residential building destroyed in previous Israeli strikes, after Hamas agreed to release hostages and accept some other terms in a US plan to end the war, in Nuseirat, central Gaza Strip October 4, 2025. Photo: REUTERS/Mahmoud Issa
Exhausted Palestinians in Gaza clung to hopes on Saturday that US President Donald Trump would keep up pressure on Israel to end a two-year-old war that has killed tens of thousands and displaced the entire population of more than two million.
Hamas’ declaration that it was ready to hand over hostages and accept some terms of Trump’s plan to end the conflict while calling for more talks on several key issues was greeted with relief in the enclave, where most homes are now in ruins.
“It’s happy news, it saves those who are still alive,” said 32-year-old Saoud Qarneyta, reacting to Hamas’ response and Trump’s intervention. “This is enough. Houses have been damaged, everything has been damaged, what is left? Nothing.”
GAZAN RESIDENT HOPES ‘WE WILL BE DONE WITH WARS’
Ismail Zayda, 40, a father of three, displaced from a suburb in northern Gaza City where Israel launched a full-scale ground operation last month, said: “We want President Trump to keep pushing for an end to the war, if this chance is lost, it means that Gaza City will be destroyed by Israel and we might not survive.
“Enough, two years of bombardment, death and starvation. Enough,” he told Reuters on a social media chat.
“God willing this will be the last war. We will hopefully be done with the wars,” said 59-year-old Ali Ahmad, speaking in one of the tented camps where most Palestinians now live.
“We urge all sides not to backtrack. Every day of delay costs lives in Gaza, it is not just time wasted, lives get wasted too,” said Tamer Al-Burai, a Gaza City businessman displaced with members of his family in central Gaza Strip.
After two previous ceasefires — one near the start of the war and another earlier this year — lasted only a few weeks, he said; “I am very optimistic this time, maybe Trump’s seeking to be remembered as a man of peace, will bring us real peace this time.”
RESIDENT WORRIES THAT NETANYAHU WILL ‘SABOTAGE’ DEAL
Some voiced hopes of returning to their homes, but the Israeli military issued a fresh warning to Gazans on Saturday to stay out of Gaza City, describing it as a “dangerous combat zone.”
Gazans have faced previous false dawns during the past two years, when Trump and others declared at several points during on-off negotiations between Hamas, Israel and Arab and US mediators that a deal was close, only for war to rage on.
“Will it happen? Can we trust Trump? Maybe we trust Trump, but will Netanyahu abide this time? He has always sabotaged everything and continued the war. I hope he ends it now,” said Aya, 31, who was displaced with her family to Deir Al-Balah in the central Gaza Strip.
She added: “Maybe there is a chance the war ends at October 7, two years after it began.”
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Mass Rally in Rome on Fourth Day of Italy’s Pro-Palestinian Protests

A Pro-Palestinian demonstrator waves a Palestinian flag during a national protest for Gaza in Rome, Italy, October 4, 2025. Photo: REUTERS/Claudia Greco
Large crowds assembled in central Rome on Saturday for the fourth straight day of protests in Italy since Israel intercepted an international flotilla trying to deliver aid to Gaza, and detained its activists.
People holding banners and Palestinian flags, chanting “Free Palestine” and other slogans, filed past the Colosseum, taking part in a march that organizers hoped would attract at least 1 million people.
“I’m here with a lot of other friends because I think it is important for us all to mobilize individually,” Francesco Galtieri, a 65-year-old musician from Rome, said. “If we don’t all mobilize, then nothing will change.”
Since Israel started blocking the flotilla late on Wednesday, protests have sprung up across Europe and in other parts of the world, but in Italy they have been a daily occurrence, in multiple cities.
On Friday, unions called a general strike in support of the flotilla, with demonstrations across the country that attracted more than 2 million, according to organizers. The interior ministry estimated attendance at around 400,000.
Italy’s right-wing government has been critical of the protests, with Prime Minister Giorgia Meloni suggesting that people would skip work for Gaza just as an excuse for a longer weekend break.
On Saturday, Meloni blamed protesters for insulting graffiti that appeared on a statue of the late Pope John Paul II outside Rome’s main train station, where Pro-Palestinian groups have been holding a protest picket.
“They say they are taking to the streets for peace, but then they insult the memory of a man who was a true defender and builder of peace. A shameful act committed by people blinded by ideology,” she said in a statement.
Israel launched its Gaza offensive after Hamas terrorists staged a cross border attack on October 7, 2023, killing some 1,200 people and taking 251 people hostage.
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Hamas Says It Agrees to Release All Israeli Hostages Under Trump Gaza Plan

Smoke rises during an Israeli military operation in Gaza City, as seen from the central Gaza Strip, October 2, 2025. Photo: REUTERS/Dawoud Abu Alkas
Hamas said on Friday it had agreed to release all Israeli hostages, alive or dead, under the terms of US President Donald Trump’s Gaza proposal, and signaled readiness to immediately enter mediated negotiations to discuss the details.