Russia Imposes Temporary Ban on Uranium Exports to the US

Reported 8 days ago

Russia has announced a temporary restriction on the export of enriched uranium to the United States, which raises concerns for American utilities reliant on this fuel for approximately 20% of the nation's electricity. This decision follows a US ban on Russian uranium imports and highlights Russia's use of energy supply as a geopolitical leverage amidst ongoing tensions. While the immediate impact may be limited, potential consequences for the US nuclear fuel supply chain could arise by 2025, especially since domestic enrichment capacity is currently inadequate.

Source: YAHOO

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