Putin’s Nuclear Mafia Has The West Under Its Thumb
This is why the West can’t quit Russian nuclear fuel.
Just over a year ago, the unthinkable happened: Putin and his band of yes-men invaded Ukraine. Since then, the brave people of this noble country have fought valiantly, even going so far as to successfully push Russian forces back. This was possible thanks to the West’s support, which enabled Ukraine’s forces to fight on with more and better weapons. But this successful defence was also due to Western sanctions that slowed Russia’s economy. We in the West have pretty much boycotted Russia’s entire fossil fuel industry and even frozen or seized billions of dollars’ worth of Russian assets within our borders. However, nuclear fuel is the one Russian good the West can’t seem to shake. According to the ESA, Russia’s state-owned Rosatom still supplies the EU with 40% of its uranium imports. This equates to around a billion dollars’ worth of nuclear fuel services, and all the profits from this are being fed right into Putin’s war machine. So, the question has to be asked: Why are we so addicted to Russian nuclear fuel?
Let’s start with the basics. Thanks to the Cold War, Russia has vast amounts of nuclear infrastructure. So while Russia mines a fraction of the world’s raw uranium supply, it is responsible for over half of the world’s enrichment…