The US and Saudi Arabia signed a peaceful nuclear cooperation agreement, potentially allowing the kingdom to enrich uranium. The deal, controversial due to Iran's nuclear program and nonproliferation concerns, will face review by the US Congress amid fears of insufficient safeguards.
Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al Saud met his Russian counterpart Alexander Novak in St Petersburg to discuss global energy market stability. Both acknowledged increased uncertainty in demand due to ongoing conflicts and disruptions, with Russia also reporting a decline in oil production due to refinery maintenance.
Saudi Arabia will be the guest of honor at a forum, with a delegation of over 200 representatives from government bodies and major companies. The delegation will be led by Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, alongside the Minister of Industry and Mineral Resources, Bandar bin Ibrahim Al-Khorayef, and the Minister of Transport and Logistics, Saleh bin Nasser Al-Jasser.
