TonyV3112/Shutterstock Save for later Print Download Share LinkedIn Twitter Combined 2021 nuclear fuel data from the EU and US captures the lowest demand forecast in nine years, but of necessity leaves out what's needed for a truly reliable forecast: namely the ultimate impact on global nuclear fuel markets of Russia's invasion of Ukraine earlier this year. Any reliable supply-demand forecast may have to wait until political leaders on both sides of the Atlantic provide regulatory clarity on Russian-supplied nuclear fuel, which makes up roughly one-third of US and EU demand.