US President Donald Trump approves US-Saudi Arabia nuclear deal
US President Donald Trump approved a landmark agreement with Saudi Arabia that could potentially provide the kingdom with uranium enrichment capability for its civilian nuclear program, the Wall Street Journal reported on Wednesday.
Citing US officials, the source said the deal, which would last 30 years, is estimated to be worth tens of billions of dollars. The deal is expected to involve US firms in developing the program and could allow for the building of a uranium enrichment facility in Saudi Arabia following a joint US-Saudi study.
Market reaction
At the time of writing, the West Texas Intermediate (WTI) is up 0.70% on the day at $84.80.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
HIVE Q1 2027 revenue soars 73.5%, but a Swedish tax hit erases the gain
Micron Technology, Inc. stock nears $1,000 as bullish trend holds, momentum cools
Cardano Price Prediction: ADA Stopped Bleeding After Nine Days as Cardano’s Biggest Upgrade Hit 96% Readiness
Spot Bitcoin ETFs see largest outflows since June as August gains vanish
Crypto prices
More
