Keep an eye on red-hot uranium stocks.

The U.S. Senate just approved legislation to bar imports of Russian uranium.

The legislation would ban the imports 90 days after enactment. It contains waivers in case there were supply concerns for domestic reactors. The bill also frees up $2.7 billion passed in previous legislation to build out the domestic uranium processing industry,” according to Reuters.

The bill, which passed the U.S. House in December, would ban imports from Russia 90 days after enactment, while allowing temporary waivers until January 2028.

It’s why shares of Cameco (CCJ) are up about $2.11 on the day.

Uranium Energy Corp. (UEC) is up about 46 cents on the day, or 6.8%, as Energy Fuels (UUUU) tacks on about 9% of upside this morning.