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Russia sees surge in demand for its energy amid Iran war: spokesman

HotTV

Russia sees surge in demand for its energy amid Iran war: spokesman
HotTV

HotTV

Russia sees surge in demand for its energy amid Iran war: spokesman

2026-03-07 00:33 Last Updated At:12:57

Russia has recorded a significant increase in demand for its energy resources due to the situation in the Middle East, Kremlin spokesman Dmitry Peskov said on Friday.

Speaking at a regular news briefing, Peskov emphasized that Russia has been and remains a reliable supplier of both oil and gas, including pipeline gas and liquefied natural gas.

Russia can ensure stable energy supplies under all contracts, he said.

Regarding Iran, Peskov said Russia is in dialogue with Iran's leadership and will continue those contacts, but did not say whether the two countries are currently engaged in military-technical cooperation.

Russia sees surge in demand for its energy amid Iran war: spokesman

Russia sees surge in demand for its energy amid Iran war: spokesman

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U.S. dollar ticks down

 

The U.S. dollar weakened in late trading on Friday.

The dollar index, which measures the greenback against six major peers, dropped 0.34 percent to 98.982 at 15:00 (2000 GMT).

In late New York trading, the euro rose to 1.1606 dollars from 1.1583 dollars in the previous session, and the British pound added to 1.34 dollars from 1.3328 U.S. dollars in the previous session.

The U.S. dollar bought 157.74 Japanese yen, lower than 157.77 Japanese yen in the previous session. The U.S. dollar decreased to 0.777 Swiss francs from 0.7827 Swiss francs, and it declined to 1.3596 Canadian dollars from 1.3697 Canadian dollars. The U.S. dollar dropped to 9.1855 Swedish Kronor from 9.2657 Swedish Kronor.

U.S. dollar ticks down

U.S. dollar ticks down

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