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Turkey's exports to Russia are up massively. The total value of exports in August 2022 (blue) was 110% above August 2021 and above any previous peak. Markets are focused on the changing trade relationship between Turkey and Russia, with much of that focus on exports, not imports.
The EU depends not only on Russian oil and gas but also on uranium.
Russia earns €450M annually in Europe from selling uranium and fuel elements for nuclear power plants. This dependence is a land mine for many countries because uranium could become Putin's next weapon in the energy war. About 20% of the EU's imported uranium comes from Russia, and the same amount comes from Kazakhstan, where it is mined and processed by the Russian company Rosatom. Almost half of the EU countries have nuclear power plants, with a total of about 100 reactors. Slovakia, Bulgaria, the Czech Republic, Hungary, and Finland's nuclear power plants operate on Russian nuclear fuel. Also, France mainly uses raw uranium from Russia and Kazakhstan to produce heat-dissipating elements. “Putin is simply waiting for the right moment to stop supplying uranium to Europe to take advantage of this dependence," writes RND.
As much as 47% of grain exported from Ukraine under an agreement reached in Istanbul has been shipped to developing countries, an official from the UN mission to the Joint Coordination Center for the Black Sea Grain Initiative told TASS.
61 RUSSIA Country Report November 2022 www.intellinews.com