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Trump approves 30-year US-Saudi nuclear deal with enrichment option
Trump's 30-year nuclear deal with Saudi Arabia opens a commercial pathway for US firms. The enrichment option raises proliferation risks, keeping a premium on Gulf assets.
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President Donald Trump approved a 30-year agreement that puts US nuclear engineering and enrichment technology companies at the center of Saudi Arabia's civilian nuclear program, according to the deal summary. The enrichment component is the most market-sensitive element in the text.
The deal summary values the commercial opening in the tens of billions of dollars. The bulk of that revenue would play out over the 30-year term, not immediately. Near-term financial statements for US nuclear firms will see limited impact.