The mayor's office was on fire on January 5, 2022.
Valery SharifulinTASS is pictured.
The price of crude oil has gone up as social unrest in the country has caused concern about supply chain disruptions.
The central Asian country is the world's largest supplier of the radioactive substance. The prices of the nuclear fuel went up on Wednesday.
After a week of social unrest caused by a fuel market reform, the government of Kazakhstan resigned on Wednesday. The unrest continued to intensify on Friday with gunfire heard in the largest city in the country. According to the news outlet, 26 "armed criminals" and 18 security officers have been killed in the turmoil. There are another 3,000 people arrested.
The world's largest uranium miner, Kazatomprom, told the news agency that there have been no disruptions.
Sprott CEO John Ciampaglia told Platts that the market participants are watching the situation closely. The Sprott Physical Uranium Trust Fund is managed by the Toronto-based hedge fund.
The social unrest is happening in the cities and the uranium deposits are far away from those cities. If the supply routes got impacted it could cause delays.
This week, crude oil prices have risen, with the price of a barrel of oil up about six percent.
According to the report, production at the top field in the country was reduced due to the disrupted train lines. It wasn't clear how much output had been hit by the joint venture.
The country has an output of 1.6 million barrels of oil a day. That's less than 2% of the world's oil demand, according to the International Energy Agency.
Business Insider has an original article.
