Since October 2026, there has been new progress in the energy relations between the United States and Russia. On October 9, 2026, US President Trump and Russian President Putin reached an agreement that Russia would provide crude oil and petroleum products to the US and global markets. At the same time, Reuters reported that the United States and Russia were considering selling natural gas to Europe and may restart the Nord Stream natural gas pipeline through American investors, making the Nord Stream natural gas pipeline, which had been dormant for four years, once again a focus of geopolitical competition.

Russian President's Special Representative Dmitriev publicly stated that energy and economic cooperation between Russia and the United States will continue and will bring benefits to the global market. The major areas that Russia and the United States need to align include prioritizing fossil fuels over renewable energy, conducting joint ventures in natural gas and offshore oil, Russia's return to the US dollar settlement system, nuclear energy cooperation, key mineral metal cooperation, climate and low-carbon cooperation, etc.Editor/Min Jing