Global X Uranium ETF set for rebound amid supply gaps and geopolitical shifts.

The Global X Uranium ETF (URA) is expected to rebound after a period of sideways movement caused by temporary supply disruptions and geopolitical events. Long-term demand is supported by factors such as AI data centers, US embargoes on Russian uranium, China's reactor expansion, EU nuclear policies, and a contracting cliff between 2028-2032. Despite short-term challenges like production cuts and natural disruptions, the structural demand for uranium remains strong, with a significant supply gap suggesting a price target near $129, reminiscent of pre-Fukushima levels.