Cost of critical energy fuel spikes ...News

Russia Today - Economy
Cost of critical energy fuel spikes
source : Russia Today ( News ) () 73
Global geopolitical uncertainty has been driving the price of uranium higher Global uranium prices reached their highest point in more than 15 years in late October, according to COMEX data, with analysts attributing the sharp rise to a range of factors, including geopolitical tensions. Uranium futures for November delivery jumped to $74.5 per pound on Monday, data shows. The radioactive metal’s price is up 55% since the beginning of the year. Resurgent demand for uranium – which is widely used for nuclear energy – has been putting pressure on prices in light of limited global reserves. Analysts have been reportin

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