Russia’s Nuclear Agency Is Desperate to Reset Ties With Uzbekistan

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Russia's nuclear agency, Rosatom, is attempting to strengthen ties with Uzbekistan by proposing a 'nuclear cluster' to boost the country's nuclear energy capacity, aiming to counter perceptions of unreliability due to financial woes.

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Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

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Eager to counter a spreading perception of unreliability due to financial woes, Rosatom, Russia’s nuclear energy agency, is trying to double down on its construction promises to build up Uzbekistan’s nuclear energy capacity. Instead of just building reactors, Rosatom is now proposing to create a “nuclear cluster” in Uzbekistan. Rosatom boss Alexei Likhachev reportedly made the offer during a tête-à-tête with Uzbek President Shavkat Mirziyoyev on January 27 in Tashkent. The proposed cluster “would…

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Original article published by OilPrice.com on January 30, 2026.
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