Why Russia Wants to Control the World’s Uranium Supply

In its quest for power across Eurasia, Moscow doesn’t mind giving some uranium to Iran.
 

Avid news watchers most likely have heard of the Uranium One deal. This deal has come under scrutiny. United States Attorney General Jeff Sessions recently authorized the Justice Department to investigate allegations about the Clinton Foundation’s role in this deal. These allegations concern former Secretary of State Hillary Clinton’s role in approving the sale of American uranium reserves to a Russian energy company.

The Canada-based company Uranium One controls roughly 20 percent of U.S. uranium production capacity. Russia’s nuclear energy agency purchased Uranium One in stages between 2009 and 2013. Since uranium is vital to national security, the U.S. government had to approve this purchase. The State Department and eight other government agencies did so in 2010.

Why Is It important?

Debate concerning the legality of this deal has been highly politicized in the United States. But what matters most is that Russia’s state-run nuclear agency bought out a company that controls large amounts of uranium in Canada, the United States and Kazakhstan.

Even though Russia isn’t currently allowed to legally export uranium mined in the United States, the Uranium One deal gives Vladimir Putin’s Russia coveted uranium mines in Kazakhstan.

Iran is now seeking to buy uranium ore from Kazakhstan and expects Russia’s nuclear energy agency will help it produce nuclear fuel. Russia has been a big supporter of Iran’s nuclear program in the past. The U.S. government could have stopped Russia from gaining control of Uranium One’s Kazakh mines. But the Obama administration decided not to.

What Does the Future Hold?

The fact that the U.S. trusted Russia as a partner in the implementation of the Iran nuclear deal is one of the greatest scandals in history.

Now Russia controls a significant portion of the planet’s uranium reserves. Russia’s goal is to grab power across Eurasia. It doesn’t mind throwing a few more kilograms of uranium at Iran or North Korea if it will distract the U.S. for a few months.

Public trust in government institutions is plummeting because of scandals like this. There is an unseen reason why troubles are intensifying as never before. To fully understand the cause, request Trumpet editor in chief Gerald Flurry’s booklet America Under Attack.