The United States and the Kingdom of Saudi Arabia signed a nuclear cooperation agreement on July 22, 2026, that could allow the kingdom to enrich uranium on its soil, according to the U.S. Department of Energy. The agreement, known as a 123 Agreement, was signed by U.S. Energy Secretary Chris Wright and Saudi Minister of Energy Prince Abdulaziz bin Salman, according to a department statement. [1]Deal Details and Safeguards
The 123 Agreement, named after Section 123 of the U.S. Atomic Energy Act, lays out terms for the transfer of American nuclear technology to Riyadh. According to the Energy Department, the deal will create U.S. jobs and “reinforce global nonproliferation standards.”
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