00:00It's Benzinga bringing Wall Street to Main Street.
00:03The U.S. signed an agreement with Saudi Arabia to develop a civilian nuclear program in the
00:07kingdom, according to CNBC. The deal will create the legal foundation for a decades-long
00:12multi-billion dollar partnership and give U.S. companies access to Saudi Arabia's nuclear
00:17energy market. Energy Secretary Chris Wright and Saudi Energy Minister Prince Abdulaziz
00:23bin Salman also signed an agreement on nuclear safeguards. The deal will be submitted to
00:28Congress for review under the Atomic Energy Act. Democratic lawmakers warned it could trigger
00:33a regional nuclear race as the U.S. pressures Iran over its nuclear ambitions. Westinghouse
00:39called the agreement a landmark step. The deal could also allow Bechtel, BWXT, Centris, and
00:46other companies to sell nuclear equipment to Saudi Arabia. For all things money, visit Benzinga.com.
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