Tehran and Moscow have officially signed a $25 billion Iran Russia nuclear deal, agreeing to construct four new nuclear reactors in southern Iran’s Hormozgan Province. The project, announced by Iranian state media, will add 5GW of electricity to Iran’s national grid, helping meet rising energy demands.
The reactors are planned on a 500-hectare site in Sirik city, located across the Gulf from the United Arab Emirates and Oman. Russian state nuclear company Rosatom, which previously built Iran’s Bushehr plant, will manage the project. These Generation III reactors are expected to significantly enhance Iran’s power production capabilities.
This announcement coincides with the UN Security Council’s deliberations on a China- and Russia-backed resolution to delay the reimposition of sanctions on Iran under the “snapback mechanism.” Western nations, including France, Germany, and the UK, have pushed for renewed sanctions over concerns about Iran’s nuclear program, although Tehran maintains its nuclear activities are entirely peaceful.
President Masoud Pezeshkian stressed at the UN General Assembly that Iran “will never seek to build a nuclear bomb.” Russia has reiterated its opposition to punitive sanctions and continues advocating diplomatic solutions to maintain the 2015 nuclear agreement.
The Iran Russia nuclear deal not only strengthens Tehran’s domestic energy supply but also reinforces Moscow’s strategic partnership with Iran. Analysts note that this project could also influence regional energy security and geopolitical dynamics in the Gulf.
