Search Everything in One Place

Explore the web, images, videos, news, and more – all in one place.

News

Trump reportedly greenlights massive 30-year Saudi nuclear deal worth billions as uranium enrichment clause sparks alarm

Toronto, Canada - May 14 2025 President donald trump in front on a phone screen with the prince of saudi arabia, Mohammed bin Salman Al Saud in the back
Toronto, Canada - May 14 2025 President donald trump in front on a phone screen with the prince of saudi arabia, Mohammed bin Salman Al Saud in the back

President Donald Trump has reportedly sanctioned a groundbreaking nuclear deal with Saudi Arabia, which could potentially equip the kingdom with uranium enrichment capabilities for its civilian nuclear program. Estimated to be worth tens of billions of dollars, the deal could pave the way for a uranium enrichment facility in Saudi Arabia after a joint U.S.-Saudi study. A key provision of the proposed agreement would see American companies build...

President Donald Trump has reportedly sanctioned a groundbreaking nuclear deal with Saudi Arabia, which could potentially equip the kingdom with uranium enrichment capabilities for its civilian nuclear program.

Estimated to be worth tens of billions of dollars, the deal could pave the way for a uranium enrichment facility in Saudi Arabia after a joint U.S.-Saudi study. A key provision of the proposed agreement would see American companies build a uranium enrichment facility in Saudi Arabia if the joint assessment concludes that one is needed, reported the Wall Street Journal late Tuesday. The agreement is set to last 30 years.

If the study finds domestic uranium enrichment necessary, the U.S. would build the facility under a “black box” arrangement that prevents the transfer of sensitive enrichment technology to Saudi Arabia. The Trump administration says this approach would give the U.S. more control and ensure the enriched uranium is not diverted for military use and that spent reactor fuel cannot be reprocessed into material for nuclear weapons.

However, the deal is not expected to include the International Atomic Energy Agency‘s (IAEA) “Additional Protocol,” which provides for enhanced monitoring, inspections, and verification, although Saudi Arabia is a member of the IAEA.

White House did not immediately respond to Benzinga’s request for comments.

Wright Details Saudi Nuclear Pact

Trump approved the agreement late last week, and it is expected to be signed Wednesday by Energy Secretary Chris Wright and Saudi Energy Minister Prince Abdulaziz bin Salman, following their discussion during Wright’s first official visit to the kingdom in April 2025, according to the report.

Wright told the publication that the agreements maintain the highest nuclear safety and nonproliferation standards while using U.S.-designed nuclear technology and expertise.

Notably, the deal, which is subject to congressional review, may face opposition from lawmakers concerned that allowing Saudi Arabia to enrich uranium could fuel nuclear proliferation and regional competition.

In 2018, a bipartisan group of lawmakers introduced legislation to block U.S. nuclear cooperation with Saudi Arabia unless Congress explicitly approved it. One of the senators backing the stricter requirement was then-Florida Republican and the current Secretary of State Marco Rubio.

Critics Oppose the Deal

The report about the nuclear agreement with Saudi Arabia comes at a time when the U.S. is at war with Iran over curtailing its nuclear program and surrendering its supply of highly enriched uranium. Notably, Iran and Saudi Arabia are regional rivals.

Robert Einhorn, a former senior State Department official, told WSJ that the agreement could revive the U.S. nuclear industry, deepen U.S.-Saudi ties, and keep Russia and China out of Riyadh’s nuclear program. However, he warned that without strict safeguards, including limits on uranium enrichment, it could heighten nuclear proliferation risks in the Middle East and beyond.

Andrea Stricker, the deputy director of FDD’s Nonproliferation Program, called the deal “bad” and urged Congress to reject it.

She warned it could weaken nuclear safeguards, undermine the “gold standard” agreement with the UAE, set a poor precedent for other countries, and encourage the spread of uranium enrichment and reprocessing despite recent efforts to curb Iran’s nuclear capabilities.

Conservative news analyst Mark Levin opposed any U.S. nuclear deals with Saudi Arabia, referencing the 25th anniversary of the 9/11 attacks and claiming Saudi involvement in the deaths of thousands of Americans.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Image via Shutterstock

SPONSORED

Retirement can be a difficult part of life to navigate, and a financial advisor can help. Finding a qualified financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you're ready to find an advisor who can help you achieve your financial goals, get started now.

This article Trump Reportedly Greenlights Massive 30-Year Saudi Nuclear Deal Worth Billions as Uranium Enrichment Clause Sparks Alarm originally appeared on Benzinga.com.

Read full story on Benzinga

Related News

More stories you might be interested in.

Stock market: Will S&P 500 open up or down today?
Benzinga·1 hour ago

Stock market: Will S&P 500 open up or down today?

The S&P 500 rallied on Tuesday as strong corporate earnings and a rebound in semiconductor stocks lifted equities. However, Polymarket traders are betting the benchmark index will open lower on Wednesday as rising oil prices and renewed inflation concerns cloud the outlook. The S&P 500 gained 0.89% to close at 7,509.20. However, the July 22 Polymarket contract implied just a 15% probability that the index will open higher on Wednesday, with...

Zohran Mamdani admits NYC can't arrest Benjamin Netanyahu, citing lack of 'legal authority'—urges Trump administration to 'execute' ICC warrant
Benzinga·2 hours ago

Zohran Mamdani admits NYC can't arrest Benjamin Netanyahu, citing lack of 'legal authority'—urges Trump administration to 'execute' ICC warrant

Zohran Mamdani, the Mayor of New York City, has withdrawn his earlier pledge to arrest Israeli Prime Minister Benjamin Netanyahu during his upcoming visit to the city in September. Mamdani took to X on Tuesday and explained that his office does not have the independent legal authority to carry out the arrest warrant. He instead called on the federal government to join the International Criminal Court (ICC) and enforce the warrant. In a video...

Ross Gerber renews call for Disney shake-up after stock trails S&P 500 for 11 years: 'Break up the Mouse House or sell it'
Benzinga·2 hours ago

Ross Gerber renews call for Disney shake-up after stock trails S&P 500 for 11 years: 'Break up the Mouse House or sell it'

Investor Ross Gerber renewed his call for a major shake-up at The Walt Disney Co. DIS on Tuesday, saying shareholders have “suffered too long” as the stock significantly lagged the S&P 500 over the past 11 years. Gerber Says Disney Should Be Broken Up Responding to a post on X by Creative Planning‘s Charlie Bilello showing Disney lost 10.93% over the past 11 years while the State Street SPDR S&P 500 ETF Trust SPY gained 320.1%, Gerber said “It’s...

Nuvve Holding stock surges nearly 24% after hours: Why is it moving?
Benzinga·2 hours ago

Nuvve Holding stock surges nearly 24% after hours: Why is it moving?

Nuvve Holding Corp. NVVE shares soared 23.90% to $8.76 in after-hours trading following a Securities and Exchange Commission (SEC) disclosure that the California-based green energy technology company terminated its warrant exchange and registration rights agreements, both dated May 12. Dilution Relief According to the Tuesday SEC filing, the deal, which got canceled last week, would have swapped warrants for roughly 13.1 million common shares....

Top