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Vietnam and Russia Sign Nuclear Power Deals as Iran-War Disruptions Push Energy Security Efforts
Multiple reports indicate a coordinated energy-security push by Vietnam and Uzbekistan amid heightened global fuel-supply uncertainty linked to the Iran war. Vietnam’s Prime Minister Pham Minh Chinh is in Moscow to sign several energy agreements with Russia, including a deal for the construction of Vietnam’s first nuclear power plant. Bloomberg and SCMP frame the timing as a response to Middle East disruptions that are affecting global fuel supplies, increasing the urgency for Hanoi to diversify away from volatile import-dependent energy sources.
Separately, Uzbekistan is advancing its own nuclear pathway: concrete has begun at a site in the Jizzakh region for the country’s first nuclear power plant. While the Uzbek and Vietnamese tracks are distinct, together they point to a broader regional pattern—states in Asia seeking long-duration, low-carbon baseload generation and supply resilience through nuclear infrastructure as geopolitical shocks raise the cost and risk of conventional energy procurement. The next phase will center on financing, regulatory frameworks, and construction timelines, alongside continued hedging against further disruptions in Middle East-linked shipping and commodity markets.