Saudi Nuclear Ambitions, US Defense Pact, and the SMR Investment Bubble. Henry Sokolski discusses how Saudi Arabia is negotiating a US defense pact while pursuing uranium enrichment capability for nuclear power. The US is reportedly urging South Korea to

Oct 18, 01:18 AM

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Saudi Nuclear Ambitions, US Defense Pact, and the SMR Investment Bubble. Henry Sokolski discusses how Saudi Arabia is negotiating a US defense pact while pursuing uranium enrichment capability for nuclear power. The US is reportedly urging South Korea to switch a planned Saudi reactor sale to an American Westinghouse model. Separately, the Small Modular Reactor (SMR) industry is seeing enormous private valuation with zero revenue, signaling a potential financial bubble.


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