The U.S. nuclear energy sector’s dependence on Russian uranium created during a failed Obama-era reset with Moscow is coming back to bite Americans as the Kremlin moves to block future exports of the vital fuel.
Vladimir Putin’s new restrictions on uranium exports to the U.S., announced last week, come as the country’s war in Ukraine continues to heighten tensions with the United States and the West. His announcement created an immediate impact, as uranium prices soared and worries grew that American utilities might have trouble meeting electric demand next year.
It’s the latest fallout from a series of foreign policy decisions crafted by Barack Obama, Joe Biden and Hillary Clinton that inexplicably strengthened Putin’s ability to wage economic warfare with energy supplies such as natural gas and uranium.
“Everything the Democrats have done has emboldened Russia and their ability to actually leverage their dirty gas production,” Rep. Claudia Tenney, R-N.Y., told the Just the News, No Noise television show on Monday night. Tenney’s House district is home to New York’s remaining nuclear power reactors.
Enriched uranium is a vital component of nuclear power plants in the United States, which account for a fifth of electricity production across the nation. The United States is also almost entirely dependent on imports to acquire enriched uranium. Last year, the United States imported more than a quarter of its enriched fuel from Russia even as relations have deteriorated during the Ukraine war. […]
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