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 nuc

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. 1958