Saudi Arabia's nuclear programme sparks a race for control of the nuclear supply chain ...

The US-Saudi Arabia civil nuclear agreement signed in July 2026 triggers a global competition for supply chain control across uranium enrichment, fuel fabrication, maintenance and long-term servicing—a multi-decade, multi-billion-dollar market now contested by the US, Russia, China, France and South Korea. Congressional approval remains pending, with critical terms around enrichment rights and IAEA inspection protocols still undisclosed.

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