The company, which filed for bankruptcy protection in 2017, stands to benefit from growing support for nuclear power and President Trumpβs deal with Saudi Arabia.
The company, which filed for bankruptcy protection in 2017, stands to benefit from growing support for nuclear power and President Trumpβs deal with Saudi Arabia.
Donald Trump approves agreement to help country make fuel for civilian nuclear programme
Donald Trump signed a nuclear agreement with Saudi Arabia on Wednesday that could enable the kingdom to enrich its own uranium for nuclear reactions.
The US energy secretary, Chris Wright, and his Saudi counterpart, Prince Abdulaziz bin Salman, signed βa peaceful nuclear cooperation agreementβ and βan accompanying bilateral safeguards agreement,β according to a statement from the US Department of Energy.
Saudi Arabia has diverted huge amounts of oil to the Red Sea since the Iran war began, but now the Iranian-backed Houthi militants say that they intend to block that route.