Russian President Vladimir Putin is in Beijing for a high-stakes meeting with Chinese leader Xi Jinping, with the Power of Siberia 2 natural gas pipeline a central topic.

The long-delayed project has resurfaced as a strategic priority amid ongoing disruptions from the Iran war, which has strained global energy flows.

The pipeline, which would transport Russian gas to China, has faced delays due to technical and geopolitical challenges.

However, the current energy crisis has renewed interest in alternative supply routes, particularly as traditional shipping lanes face heightened risks.

Analysts suggest that the meeting could signal a shift in how energy is sourced and transported between the two nations.

The broader energy market is watching closely, as any progress on the pipeline could influence natural gas prices and regional energy security.