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> Ukraine is at war with Russia

This single fact shows, according to you, that no embargo can ever happen in the future. I abandon this "conclusion" to you.

Uranium reserves are to be considered in current conditions, all reserves are not immediately available nor equivalent (ore grade...).

> there is zero reason to withhold uranium

There will be more and more reasons to do so if it becomes scarce and needed by superpowers.

> even OPEC

Because the superpowers are at ease with the current situation (shale oil plays a major role here). Oil already triggered wars.



Uranium has been strategic mineral for nuclear weapons and yet still is traded free on the global market.

Every country that has nuclear weapons does have nuclear reactors, and supply is basically not an issue. The technology is the main moat (uranium enrichment & reactor tech & turbine tech & missile tech)


No, it never was as all pertinent nations could easily obtain enough uranium to 'cook' it for weapons. Even the most eager to build huge amounts of weapons (USSR and USA) never had any problem related to the amount of uranium needed.

Short version: the amount of uranium needed to build an impressive arsenal of nuclear weapons is way, way lower than the amount needed to produce a fair part of gridpower for years.

> Every country that has nuclear weapons does have nuclear reactors

Yes, because a reactor is needed to 'cook' uranium (in order to obtain high-grade Pu-239) for weapons. This very need was what led nations to build reactors, electricity-generating nuclear plants were at best an aftermath and in some cases an excuse (hiding the real objective).


Sure, once the Cold War started ...

> This very need was what led nations to build reactors, electricity-generating nuclear plants were at best an aftermath

In absolute history, though, this is arse backwards.

The UK and the US both had piles and generation plans before they even thought building nuclear weapons was at all possible.

The US, in particular, had a nuclear science body that were pretty damn sure weapons weren't feasible and had a major focus on atomic power to generate energy.

They ignored the letter by Einstein that highlighted the dangers of a German nuclear program suspected of chasing weapons and only paid heed after several approaches by Tube Alloys (the UK nuclear weapons group) when the Australian nuclear scientist Mark Oliphant visited the US and laid out in detail a method by which a bomb could be feasibly constructed.


Nope, and you don't source.

In fact the first man-made nuclear reactor was the 'Chicago Pile-1' ( 'https://en.wikipedia.org/wiki/Chicago_Pile-1 ), which was built by the Project Manhattan, exclusively aiming at building a nuclearbomb.

In WP's article please don't miss this: "Emilio Segrè later recalled that: I thought for a while that this term was used to refer to a source of nuclear energy in analogy with Volta's use of the Italian term pila to denote his own great invention of a source of electrical energy. I was disillusioned by Fermi himself, who told me that he simply used the common English word pile as synonymous with heap. To my surprise, Fermi never seemed to have thought of the relationship between his pile and Volta's."

The world's first reactor used to generate electricity (another one generated some during an experiment in 1948), albeit it wasn't its main purpose, was the 4th reactor, and it started nearly 10 years after: https://en.wikipedia.org/wiki/Experimental_Breeder_Reactor_I




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