Oil prices jump over Kazakhstan unrest, while uranium less affected

  • Date: 09-Jan-2022
  • Source: MENAFN
  • Sector:Oil & Gas
  • Country:Gulf
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Oil prices jump over Kazakhstan unrest, while uranium less affected

(MENAFN- AFP)

Unrest in OPEC+ member Kazakhstan has pushed up oil prices as investors fear supply interruptions, but the uranium market appears less affected despite the Central Asian country being the world's second largest producer.

"Riots obviously can stop production and exports," said Bjarne Schieldrop, an analyst at Swedish bank SEB.