US firms to develop Saudi nuclear program
The US has approved a 30-year deal with Saudi Arabia, giving American companies a central role in the kingdom’s nuclear development.
The deal includes an option for uranium enrichment, a market-sensitive element that could raise regional proliferation concerns.
The agreement is a significant long-term commercial opening for US nuclear engineering and enrichment technology companies, with tens of billions in potential revenue.
The timing of the deal coincides with continued US strikes on Iran’s nuclear infrastructure, highlighting the central role of nuclear capability in the regional standoff.