Remember the Clintons and Uranium One (youtube.com)?
In news that will act as a headwind for the U.S.'s re-emerging nuclear industry, it was reported last week that Russia is temporarily restricting enriched uranium exports to the U.S., raising supply concerns for reactors that produce nearly 20% of the nation's electricity.
Russia provided no details or timeline for its uranium export restrictions in a Friday Telegram statement, though utilities' advance purchasing likely mitigates immediate effects, Bloomberg wrote in a report on Friday.
Amid global backlash over its war in Ukraine, Russia continues leveraging energy as a geopolitical tool, also cutting gas supplies to Austria—ending a 60-year agreement that fulfills 80% of its demand—citing a legal dispute.
Bloomberg noted that Russia's move targets a key U.S. vulnerability in the nuclear fuel cycle, as it controls nearly half of global uranium enrichment capacity and supplied over a quarter of U.S. enriched fuel last year.
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Source (zerohedge.com)
Remember the Clintons and [Uranium One](https://www.youtube.com/watch?v=pTJMJgtEX0E)?
>In news that will act as a headwind for the U.S.'s re-emerging nuclear industry, it was reported last week that Russia is temporarily restricting enriched uranium exports to the U.S., raising supply concerns for reactors that produce nearly 20% of the nation's electricity.
>Russia provided no details or timeline for its uranium export restrictions in a Friday Telegram statement, though utilities' advance purchasing likely mitigates immediate effects, Bloomberg wrote in a report on Friday.
>Amid global backlash over its war in Ukraine, Russia continues leveraging energy as a geopolitical tool, also cutting gas supplies to Austria—ending a 60-year agreement that fulfills 80% of its demand—citing a legal dispute.
>Bloomberg noted that Russia's move targets a key U.S. vulnerability in the nuclear fuel cycle, as it controls nearly half of global uranium enrichment capacity and supplied over a quarter of U.S. enriched fuel last year.
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[Source](https://www.zerohedge.com/markets/we-dont-have-enough-russia-temporarily-limits-exports-enriched-uranium-us)