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June 8, 2026

INSTC Caspian Cargo Flow Between Russia & Iran Up 68% In 4M 2026

Despite and probably due to the war in southern Iran, its Caspian Sea connectivity through the INSTC network has boomed with increases of 68% in volumes during the first four months of 2026. A new Caspian sea vessel has been deployed while both Russian and Iranian exports along the route have significantly expanded.

June 8, 2026

Russia-Uzbekistan Bilateral Relations: June 2026 Update

The Uzbek President has stressed energy cooperation with Russia as a key part of Uzbekistan’s national development, with the first stages of the countries first nuclear power plant being laid down at Jizzakh. Rosatom is building the plant and providing a credit facility. The NPP will provide about 15% of Uzbekistan’s electricity needs.

June 5, 2026

Sberbank Plans To Set Up Ten Branches In India

Russia’s Sberbank has plans to open ten branches throughout India to service Russian and Indian clients looking to conduct business in their respective countries. Bilateral trade hit nearly US$70 billion in 2025 and the financial architecture to facilitate and increase this is now being put into place. Most of this trade is in rupees and rubles and avoids SWIFT.

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