首页|Uranium price rises due to Putin's Ukraine invasion
Uranium price rises due to Putin's Ukraine invasion
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NSTL
The price of many metals reacted to President Putin's decision to send the Russian army into Ukraine, but most are likely to be short-term reactions. In Europe, however, the invasion is likely to result in longer-term price rises for energy metals and minerals, especially uranium. Natural gas provides over 22% of the European Union's energy, and 40% of this gas comes from Russia. As a re sult, gas prices in Europe have reacted sharply to the Russian aggression.