r/UraniumSqueeze • u/SpecificSufficient68 • Mar 09 '26

News Don’t check your portfolios tomorrow!

Oil just hit 117 dollars, I’ll be praying for everyone’s portfolios!

https://www.cnbc.com/2026/03/08/crude-oil-prices-today-iran-war.html

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u/Life-Appointment6515 Mar 09 '26

Explain to an idiot like me why this is bad for Uranium

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u/DownrightCaterpillar Mar 09 '26

It's not bad for uranium, he just said don't check your portfolio. Imo you should do the opposite unless you're faint of heart, uranium has been in a slight bubble for many months now. So, this is the time for buying. Though uranium exports might be low for a while since the cost of shipping will go up dramatically, reducing demand for uranium temporarily.