Amid global backlash over its war in Ukraine, Russia continues leveraging energy as a geopolitical tool, also cutting gas supplies to Austria—ending a 60-year agreement that fulfills 80% of its demand—citing a legal dispute.
Russia has a long history of honouring contracts... even when they did not benefit from doing so... this situation with Austria is a case where an Austrian company took Russia to a European court... and won. The compensation they were awarded by the biased one eyed European court the Austrian company decided to deduct from the money they were paying for their gas supplies.
Russia never agreed to that and are stopping gas supplies simply because Austria stopped paying for the gas being delivered.
Hardly Russia using energy as a geopolitical tool... like the west has done for the last 200 odd years...
Bloomberg noted that Russia's move targets a key U.S. vulnerability in the nuclear fuel cycle, as it controls nearly half of global uranium enrichment capacity and supplied over a quarter of U.S. enriched fuel last year.
The US has said it wants to stop buying Russian resources and has set 2028 for the date when they completely stop buying, so all Russia is doing is helping them move that date of independence day forward for them a little... the US should be thanking them.
Urenco plans a 15% capacity increase by 2027, citing the urgency of reducing reliance on unstable foreign sources.
Russian supply has been completely stable until the US started fucking with them and supporting a nazi power on their border and a conflict for the last three years.
Major U.S. nuclear operators, including Constellation Energy and Centrus Energy, have waivers to import Russian fuel, but Centrus, the top U.S. trader of Russian uranium, is exploring alternatives in case Russia's supplier, Tenex, fails to meet its obligations.
Why do they word it like that? Fails to meet its obligations. Can all of US sanctions be worded that way too?
America is an unreliable business partner because they violate contracts and bully other allies to do the same.
America spends trillions fighting useless wars, do you really think they can't brute force their way to a bajillion warheads if they really wanted to?
It is not a question of will or money. They outsourced a capacity they had and now it is gone and to get it back takes time and lots of money.
Not impossible but it is going to hurt for a while... a little like the pain they have been trying to inflict on Russia the last decade or so.