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US-Saudi nuclear pact faces Congressional scrutiny over enrichment gaps

The agreement has been submitted to lawmakers, drawing criticism from Democrats and nonproliferation experts who argue the lack of a permanent ban on uranium enrichment poses significant risks.

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Owen Mercer
Markets and Finance Editor
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Source: CNBC · View original source
Trump's Saudi nuclear deal reaches Congress as experts warn of proliferation risk
Markets & Policy

The nuclear agreement between the United States and Saudi Arabia has been formally submitted to the US Congress for review. The submission places the pact at the centre of a growing debate over energy security and geopolitical stability, particularly as Washington navigates complex relationships in the Middle East.

Criticism of the deal has mounted from within the US political landscape. Some Democratic lawmakers, alongside nonproliferation advocates, have voiced concerns regarding the specific terms of the agreement. Their primary objection centres on the absence of a permanent prohibition on uranium enrichment or reprocessing, a technical detail that could influence long-term nuclear capabilities in the region.

Nonproliferation experts have warned that these omissions could elevate proliferation risks. Without a permanent ban, critics argue the current framework may allow for future expansion of nuclear activities that are not strictly limited to civilian use. This has prompted calls for stricter legislative oversight during the Congressional review process.

The timing of the submission coincides with heightened tensions between the United States and Iran. In August 2026, the US announced intensified economic sanctions and threatened financial isolation against Iran following the collapse of a 60-day ceasefire. These developments have created a volatile backdrop against which the Saudi deal is being assessed.

Market observers are watching how these geopolitical factors intersect. Recently, Treasury Secretary Scott Bessent announced emergency buybacks of long-dated debt to stabilise markets after significant losses linked to the Iran situation. The nuclear deal with Saudi Arabia adds another layer to the strategic calculations affecting capital flows and investor sentiment.

While the specific timeline for the Congressional review has not been detailed, the outcome will be closely monitored by institutions and investors. The final legislative stance on the agreement could have implications for regional energy policies and broader financial stability in the coming months.

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