Archive · 23 Jul 2026

US and Saudi Arabia reach nuclear power deal

US and Saudi Arabia reach nuclear power deal

The United States and Saudi Arabia have reached a deal that allows Saudi Arabia to enrich uranium and build nuclear reactors using U.S. technology.

This deal has been in the works for years and is seen as a way to strengthen relations between the two countries.

However, there are concerns that this deal could lead to nuclear weapons development in Saudi Arabia and start an arms race in the Middle East.

The deal will now go to Congress for review, and unless Congress raises objections within 90 session days, the deal will go into force.

The deal is expected to benefit companies like Westinghouse, Cameco, and Brookfield Asset Management.

Sources