Uranium prices spike to their highest since the 2011 Fukushima disaster, as Biden weighs sanctions on Russian supplier

Uranium prices spike to their highest since the 2011 Fukushima disaster, as Biden weighs sanctions on Russian supplier

President Joe Biden. Uranium prices rose 11% Friday, to their highest level since Japan’s Fukushima nuclear disaster in 2011.

That surge followed reports that Joe Biden is weighing sanctions against Russia’s nuclear power supplier, Rosatom.

Uranium wasn’t included in Biden’s earlier ban on Russian oil and other energy products.

Get the inside scoop on what traders are talking about — delivered daily to your inbox. Something is loading. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . Uranium prices surged to their highest level since the 2011 Fukushima nuclear disaster, as the threat of a US ban on Russian imports of the commodity added to mounting concerns about supply.President Joe Biden is consulting the US nuclear industry about the impact of potential sanctions against Russia’s nuclear-energy company, Rosatom […]

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