Russia, Iran Discuss Military Cooperation

Rescuers work at the site of a Russian drone strike, amid Russia's attack on Ukraine, in Romny in Sumy region, Ukraine August 23, 2023, in this screengrab obtained from a social media video. State Emergency Service of Ukraine via Facebook/via REUTERS
Rescuers work at the site of a Russian drone strike, amid Russia's attack on Ukraine, in Romny in Sumy region, Ukraine August 23, 2023, in this screengrab obtained from a social media video. State Emergency Service of Ukraine via Facebook/via REUTERS
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Russia, Iran Discuss Military Cooperation

Rescuers work at the site of a Russian drone strike, amid Russia's attack on Ukraine, in Romny in Sumy region, Ukraine August 23, 2023, in this screengrab obtained from a social media video. State Emergency Service of Ukraine via Facebook/via REUTERS
Rescuers work at the site of a Russian drone strike, amid Russia's attack on Ukraine, in Romny in Sumy region, Ukraine August 23, 2023, in this screengrab obtained from a social media video. State Emergency Service of Ukraine via Facebook/via REUTERS

Russia's Defense Ministry has said that the country's deputy defense minister, Alexander Fomin, had discussed military cooperation with the commander of Iran's ground forces, Kiumars Heydari, Interfax reported.

State media reported the arrival of an Iranian military delegation in Moscow on Monday.

The two sides discussed issues of bilateral military and military-technical cooperation. "They exchanged views on the issues of bilateral security ... and reaffirmed their intention to deepen dialogue and increase the level of development of contact in the defense sphere," stated the Defense Ministry, according to TASS news agency.

Russia and Iran, both under Western economic sanctions, have forged closer relations in military and other areas since Russia launched its war in Ukraine 18 months ago.

The West has accused Iran of selling large numbers of drones for use against Ukraine, something Tehran denies.

Last week, the Financial Times reported that the US is pushing Iran to stop selling armed drones to Russia as part of discussions on a broader “unwritten understanding” between Washington and Tehran to de-escalate tensions and contain a long-simmering nuclear crisis.

According to an Iranian official and another person briefed on the talks, the US wants Iran to stop supplying drones to Russia, as well as spare parts for the unmanned aircraft.



EUROPE GAS-Prices Rise on Lower Wind Speed, Russian Gas Uncertainty

Model of natural gas pipeline and Gazprom logo, July 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
Model of natural gas pipeline and Gazprom logo, July 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
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EUROPE GAS-Prices Rise on Lower Wind Speed, Russian Gas Uncertainty

Model of natural gas pipeline and Gazprom logo, July 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
Model of natural gas pipeline and Gazprom logo, July 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Dutch and British wholesale gas prices rose slightly early on Monday, as they traded in a narrow range, caught between low wind speed and uncertainty over Russian gas flows to Europe when the Ukraine gas transit deal expires at the year-end.

The benchmark front-month contract at the Dutch TTF hub edged up by 0.84 euro to 44.65 euros per megawatt hour (MWh), or $14.3/mmBtu, by 1016 GMT, while the day ahead contract was up 1.08 euro at 44.38 euros/MWh.

In Britain, the day-ahead contract was 2.25 pence higher at 110.25 p per therm.

"The spot and the curve (prices) are still supported by the prospect of a non-renewal of the Russia-Ukraine gas transit deal," analysts at Engie's EnergyScan said in a daily note, according to Reuters.

The situation with European countries that buy Russian gas is very complicated and requires increased attention, the Kremlin said on Monday, after talks between President Vladimir Putin and Slovak Prime Minister Robert Fico.

Fico said on Sunday that Putin had confirmed Russian willingness to continue to supply gas to Slovakia, even though the Slovak leader said this was "practically impossible" once a gas transit agreement between Russia and Ukraine expires.

Russia's Gazprom said it would send 42.1 million cubic metres of gas to Europe via Ukraine on Monday, a volume in line with recent days.

Meanwhile, wind generation will drop sharply today in France and Germany and the confidence for high wind output is reduced, supporting gas for power demand, EnergyScan analysts said.

In Britain, peak wind generation is forecast at 19.1 gigawatts (GW) on Monday, falling to 15.6 GW on Tuesday, Elexon data shows.

In the European carbon market, the benchmark contract was up 0.22 euro at 67.91 euros a metric ton.