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Without New Uranium Mines, U.S. Runs Risk Of European-Style Reliance On Russian Energy

Without re-examining its uranium supply chains, the U.S. energy market will be vulnerable similarly to Europe’s present situation.

Europe’s fragile energy markets vulnerable to Russian interruption may soon be uncomfortably similar to the American power grid if policymakers aren’t careful about pushing a low-carbon future.

With a third of European oil and more than 40 percent of its gas provided by Russia, President Vladimir Putin has threatened to shut off the lights across Europe in an effort to counter western sanctions imposed in retaliation for the Kremlin invasion of Ukraine, demanding payment in Rubles instead of Euros.

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