US imported uranium worth 1 bn from Russia amid Russia-Ukraine war:

Washington/Moscow: It has come to light that the US, which has imposed sanctions on Russian fuel and many other products, has imported uranium worth a billion dollars from Russia to aid Ukraine in the Russia-Ukraine war. The US had purchased over one billion dollars worth of uranium from Russia. The transaction comes at a time when the bill to ban Russian uranium is pending in the US Congress, and the double standards of the US have been exposed once again.

Just last week, it was revealed that the US had started importing Russian oil. The Russian news agency claimed that more than 46 thousand barrels of oil were purchased from Russia. It was also revealed that this oil was purchased at higher rates than the ‘price cap’ set by the G7, the US and European countries. After that, it is now coming to light that the US has continued to import uranium from Russia.

Russia is known as the world’s largest exporter of enriched uranium. Uranium is supplied from Russia to the US and some major European countries. More than 90 nuclear reactors in the US use Russian uranium as fuel. About 25 percent of total US uranium demand is fulfilled by Russia. The US has not yet been able to break this dependence on Russia.

Analysts claim that while the US has directed local uranium producers to increase production by providing concessions and subsidies, it does not have the capacity to replace Russian uranium. A bill in this regard is also pending in the US Congress and has not yet been approved. It is also said that some concessions have been given to US companies in this bill.

After the start of the Russia-Ukraine war, Western countries imposed massive sanctions to put pressure on Russia. It also included the oil sector, which is an important component of the Russian economy. Western leaders and officials had forecast that the Russian economy would collapse and Russia would suffer after the sanctions on the energy sector. But in reality, it appears that Russia has succeeded in defying the sanctions.