The 30-year agreement includes potential uranium enrichment in Saudi Arabia, marking a shift in US nuclear cooperation policy.
The United States and Saudi Arabia finalized a 30-year nuclear cooperation pact to develop a civilian nuclear program in the kingdom. The deal, announced by the US Department of Energy, may allow uranium enrichment on Saudi territory, a provision previously restricted in US agreements with non-nuclear states.
The agreement follows months of negotiations and aligns with Saudi Arabia’s broader economic diversification plans. It mirrors past US nuclear deals with allies like the UAE but includes more flexible terms on uranium enrichment, raising non-proliferation concerns among some analysts.
Markets are monitoring the pact’s implications for global energy supply chains and regional geopolitical stability, though no immediate financial reaction was reported.