U.S. reaches deal with Saudis for nuclear energy commercial agreements

The United States and Saudi Arabia have finalized a commercial agreement paving the way for U.S. companies to manage nuclear power generation within Saudi Arabia. A regional official familiar with the deal confirmed the agreement, which is expected to be signed soon. This pact allows American corporations to operate nuclear power facilities on Saudi soil, with potential applications including powering AI data centers. While structured as a private-sector transaction, the agreement necessitates consultation with the U.S. Congress. Notably, the deal may grant Saudi Arabia the capability to enrich its own nuclear fuel for reactors. The specific corporations involved have not yet been disclosed. The Wall Street Journal initially reported on the nuclear agreement. This development signifies a significant step in energy cooperation between the two nations, with implications for both commercial interests and regional energy policy.