Leslie Hook and Anastasia Stognei of the Financial Times reports that retaliation over sanctions could affect western nuclear reactors, many of which rely on Russian supplies. They write:
Vladimir Putin has called on Russian officials to consider restrictions on exports of commodities including uranium, in retaliation against fresh western sanctions against Moscow and its allies.
“Please take a look at some of the types of goods that we supply to the world market . . . Maybe we should think about certain restrictions — uranium, titanium, nickel,” Russia’s president said in a televised meeting with top government officials on Wednesday.
Any curb on sales of enriched uranium could affect western nuclear reactors. […]
Russia learned to produce alternatives domestically, or import them from other countries. However the sanctions led to double-digit price increases.
“In the initial phase, unfortunately, there was a rise in domestic prices. But then it spurred the development of agriculture within Russia,” Putin said. “A similar process is now happening in the industry.”
Read more here.
Also, read U.S. Plans to Break Russia’s Grip on the Nuclear Fuel Market, America Turns on Giant New $30B Nuclear Plant, and Retired Nuclear Plants Brought Back Online for AI Demand
