Why Uranium Is Quietly Becoming This Summer's Hottest Commodity

The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets · Jul 2, 2026 · 8m · transcript

While oil, gold, and grains dominate headlines, uranium has quietly rallied 18 percent since April, touching its highest price since the Fukushima disaster. Lucas and Luna break down the two forces driving the move: a concrete supply squeeze from Kazakhstan's production shortfall and a structural demand shift as reactor restarts in Japan and new builds in China and India accelerate. They also tie in the market's broader inflation narrative, noting that uranium's price action is a rare bright spot in a summer where most commodities have cooled. A focused explainer on a market…