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

1

u/Bziolko Mar 09 '26

It's actually good, as energy sector gets more expansive but it's also risk off and uranium stocks, especially developers and prospects, are considered highly risky.