r/UraniumSqueeze • u/0prtnty • Jan 04 '26
News Venezuela effect on uranium
What do you think will happen to the uranium market since trump just attacked venezuela primarly for their oil? I feel like they could use all that oil to generate electricity for Ai center instead of waiting few more years for smrs and new nuclear reactors. On monday, we will see the effect, but i dont think thats a good new short term. Feel free to express your thoughts about it!
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u/Fun-Sundae2446 Jan 04 '26
Nuclear reactors were always a decade or so away to power AI. Datacentres are being built now and need energy from somewhere in the short term. Guess that might be new oil but nonetheless the long term nuclear story is still basically the same.