Middle‑East conflict shifts energy focus from oil/LNG to nuclear due to chokepoint vulnerabilities.
Bernstein notes 20% of global oil/LNG exposed at Strait of Hormuz, while uranium needs only 0.6 million lbs daily.
Uranium’s compact, transport‑light nature is seen as a hedge, prompting accelerated nuclear infrastructure investment.
Analysts expect capital reallocation toward nuclear sector as hydrocarbon markets bear a war‑risk premium.