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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on June 20, 2025

    Featured image for article about Headlines

    By Gleb Bryanski

    ST PETERSBURG (Reuters) -Russian nuclear energy chief Alexei Likhachev said on Friday that the situation at Iran's Bushehr nuclear power plant, where hundreds of Russian specialists work, was "normal" and under control.

    The Israeli military said at one point on Thursday that it had struck the Russian-built Bushehr facility, but later said the comment had been made by mistake. Likhachev, head of the state nuclear energy corporation Rosatom, said on Thursday that any attack on the plant could cause a Chernobyl-style nuclear disaster.

    Bushehr is Iran's only operating nuclear power plant and uses Russian fuel that Russia then takes back when it is spent to reduce proliferation risk.

    Asked on Friday about the situation at Bushehr, Likhachev told reporters: "So far the situation is completely under control, everything is normal. The night passed in the usual anxious but manageable atmosphere."

    He added: "We continue to work in pre-mobilization mode and very much hope that all our signals from yesterday reached the Israeli leadership."

    The "pre-mobilisation" comment appeared to refer to the possibility of evacuating staff in the event of an emergency.

    Russian President Vladimir Putin said this week that Russia has up to 600 staff at Bushehr, including 250 permanent workers and others on temporary assignment. He said Israel had issued a promise to Russia over their safety.

    Likhachev said on Thursday that some of those on assignment had been evacuated but the core staff remained for now.

    Russia, which has close ties with Iran, has warned strongly against U.S. military intervention on the side of Israel in the air war that began a week ago.

    Israel has stated that it launched strikes on Iran to prevent it from obtaining a nuclear weapon. Iran, which denies such an intention, has responded with drone and missile attacks on Israeli cities.

    (Reporting by Gleb BryanskiWriting by Mark Trevelyan and Anastasia TeterevlevaEditing by Frances Kerry)

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