US Weighs Saudi Nuclear Partnership

Watch on YouTube ↗  |  July 25, 2026 at 14:49  |  7:57  |  Bloomberg Markets
Speakers
Corey Hinderstein — Vice President for Studies, Carnegie Endowment for International Peace

Summary

Corey Hinderstein discusses the US consideration of a civil nuclear partnership with Saudi Arabia, weighing strategic benefits against nonproliferation risks. She explains Saudi motivations, including freeing oil for export and keeping a nuclear weapons option. The conversation covers creative black-box enrichment ideas with US technology, the precedent for other nations, and lessons from past dual-use material transfers. Separately, she endorses the expansion of domestic US civil nuclear energy as a positive for energy security and lower emissions, provided safeguards are strong.

  • Saudi Arabia has pursued nuclear energy for years, partly to free up oil exports and keep a future nuclear weapons option if Iran acquires one.
  • The US wants to be the nuclear partner instead of China or Russia, which could lead to relaxing certain nonproliferation demands.
  • A potential creative arrangement would involve US-controlled black-box enrichment technology in Saudi Arabia, with a later decision gate.
  • Relaxing enrichment restrictions for Saudi Arabia could set a precedent for other countries and strain alliances with allies like Japan and South Korea.
  • Hinderstein warns against repeating past mistakes with dual-use materials, citing the costly recovery of highly enriched uranium and potential risks with plutonium.
  • Domestic US civil nuclear energy expansion is seen as a good thing for energy security, lower carbon, and grid demands, but must learn from proliferation history.
Ideas
Corey Hinderstein Vice President for Studies, Carnegie Endowment for International Peace 7:13
US civil nuclear expansion is positive.
Nuclear energy and the expansion of civil nuclear energy is a good thing especially domestically, driven by demands on the energy grid, energy security, a lower carbon future, and clean energy; however, it must be done right, learning from past proliferation-sensitive materials like HEU and plutonium.
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This Bloomberg Markets video, published July 25, 2026, features Corey Hinderstein discussing URA. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Corey Hinderstein  · Tickers: URA