... electricity. Much of the uranium comes from Canada, Australia, Kazakhstan, and Russia. France: About 70% of its electricity is nuclear-generated, making it a major uranium importer. China: Rapidly expanding nuclear power to meet rising energy demands. Russia: Supplies for domestic and international projects, such as building reactors abroad. India: Increasing uranium imports for its growing nuclear sector, mostly from Kazakhstan, Canada, and Russia. 2. Purposes and Applications of Uranium: From Energy Production ...

... actively sourcing liquefied natural gas (LNG) from external markets—LNG receiving terminals operate at high capacity, taking in tankers from the U.S., Qatar, Australia, Africa, and other regions. This compensates for the sharp decline in pipeline supplies from Russia. Since January 2025, the transit of Russian gas through Ukraine has been completely halted following the expiration of the contract with Gazprom, and the Polish-Belarusian route (the Yamal-Europe pipeline) is also out of operation ...

... of new crude to the global market. In sum, the impact of these factors keeps the oil market in relative equilibrium. Brent has stabilized within the range of ~$72–73 per barrel: the recent price surge is tempered by expectations of increased OPEC+ supplies. Despite the price rises over the past weeks, current levels are still 10–15% lower than a year ago – reflecting corrections following the peaks of the 2022–2023 energy crisis. Investors continue to monitor external signals: U.S.-China ...

... towards Moscow, shortening the deadline for resolving the conflict in Ukraine to 10-12 days. This effectively sounded like a ultimatum threatening new sanctions against Russia and buyers of its raw materials. This increased uncertainty regarding global supplies and added a risk premium to oil prices. OPEC+ Actions: Oil-producing countries within the alliance continue to gradually increase supply. In August, a total quota increase of approximately 548,000 barrels per day is expected (higher than the ...

... prices. On the other hand, the very fact of ongoing dialogue and a pause in imposing new U.S. sanctions somewhat eases tensions. As a result, oil quotes fluctuate within a narrow range, lacking impetus for either a rally or a collapse. Resumption of Supplies from Venezuela. The easing of U.S. sanctions has allowed Chevron to resume limited exports of Venezuelan oil to the global market. Although the volumes of these supplies are small, they contribute to the overall picture of increasing supply and ...