Saudi Arabia secures civilian nuclear deal with US, reshaping global energy and uranium markets

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Saudi Arabia and the United States have finalized a civilian nuclear cooperation agreement, signed by US Energy Secretary Chris Wright and Saudi Energy Minister Prince Abdulaziz bin Salman. This 30-year framework establishes a multi-billion-dollar partnership granting US companies preferred access to develop Saudi nuclear infrastructure. The agreement permits Saudi Arabia to conduct a two-year viability study on domestic uranium enrichment, a provision unprecedented in US Gulf nuclear diplomacy. The deal represents a significant departure from the 2009 US-UAE agreement, which required the UAE to forgo any domestic enrichment or reprocessing capabilities. This cooperation supports Saudi Arabia’s energy diversification strategy under Vision 2030 amid growing domestic electricity demand.

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