Jul. 21 at 10:39 AM
$CHRD $DK Breaking - Sen Graham- A 100% tariff on China, India, and Brazil the top buyers of Russian oil is likely coming. Even bigger, Sen Grahams sweeping Russian oil & uranium ban bill is a 500% minimum tariff on all Russian goods & services, including oil & uranium.
The bill also hits countries that continue importing Russian energy with 500%+ secondary tariffs & it already has 84 bipartisan cosponsors, one of the largest in U.S. history. 87 on the house side already.
If this reaches President Trump’s desk & it likely will as President trump is already pushing the 100% tariffs to end the war, we could see a parabolic squeeze in energy markets especially uranium & U.S. Oil even if its short lasted. Lets hope this ends the war.
#uranium #oil