November 16, 2024
1 min read

Russia Limits Enriched Uranium Exports To US

Iran nuclear talks - Is West Asia being dragged to the edge of conflict? .(photo:IN)

The restriction raises supply concerns for US nuclear power plants, which relied on Russia for a quarter of their enriched uranium last year.

Russia has imposed temporary restrictions on exporting enriched uranium to the United States, the government said.

The restrictions apply to exports to the United States and those under foreign trade agreements with entities registered in US jurisdictions, with waivers allowing deliveries under one-time licenses issued by the Federal Service for Technical and Export Control, reports Xinhua news agency.

The restriction raises supply concerns for US nuclear power plants, which relied on Russia for a quarter of their enriched uranium last year.

The move follows a US law signed in May by US President Joe Biden banning Russian uranium imports until 2040, with exceptions allowed until 2028.

US purchases of Russian uranium totalled $574 million this year, down by nearly 32 per cent from a year ago, according to US statistics.

ALSO READ: IAEA Chief Visits Iran’s Nuclear Facilities

Previous Story

Patel’s Legacy Honoured in London

Next Story

Modi Emplanes For Three-Nation Visit To Nigeria, Brazil, Guyana

Latest from Europe

Russia, Ukraine Resume Talks

The upcoming talks follow a significant hiatus in diplomatic engagement between the two nations, which have been locked in a brutal conflict since Russia’s invasion of Ukraine in February 2022 Russia and

UAE, France eye energy synergy

UAE officials conclude strategic visit to France, exploring hydrogen, nuclear, and SAF cooperation to strengthen bilateral energy ties and accelerate the global transition to clean power. A high-level delegation from the United

EU-UAE FTA talks amid US tariff pressure

Talks will also explore ways to boost trade in strategic sectors, such as renewable energy, green hydrogen and critical raw materials….reports Asian Lite News The European Union (EU) and the United Arab

Russia and Ukraine swap hundreds more prisoners

Ukraine’s President Volodymyr Zelensky and Russia’s defense ministry said each side brought home 307 more soldiers on Saturday Russia and Ukraine exchanged hundreds more prisoners on Saturday as part of a major
Go toTop

Don't Miss

Balanced economic ties vital for both US & China

Beijing said there is no difference between “de-risking” and “de-coupling”

US SC to hear ‘ghost guns’ regulation case

While guns are at the center of the case, Garland