Sergey Kondratiev, Principal Director on Economic Studies at the Institute for Energy and Finance, gave a comment to the electronic publication "Vzglyad.ru" on the supply of Russian uranium to the United States.
For the nuclear fuel market, this can be a game with completely unpredictable consequences, primarily for the American market itself," Sergey Kondratiev believes.
At the same time, unlike the oil market, the nuclear market is unlikely to have intermediaries – traders who will resell Russian nuclear fuel to American companies."We can see a situation similar to the situation on the oil market, when Russian oil began to be sold at a discount after the imposition of sanctions. The new consumer will sign contracts for the supply of Russian nuclear fuel at a discount. But since prices in the world will rise very seriously, even with a discount, our fuel will cost higher than the prices that are now. In fact, the American consumer will pay for these sanctions, who will pay the highest price," the analyst argues.
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