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Boost for uranium from Putin's army

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.

Boost for uranium from Putin's army Boost for uranium from Putin's army Boost for uranium from Putin's army Boost for uranium from Putin's army Boost for uranium from Putin's army

Natural gas provides over 22% of the European Union's energy, and 40% of this gas comes from Russia. As a result, gas prices in Europe have reacted sharply to the Russian aggression.