Saudi Crown Prince, Muhammad bin Salman
The reactor launched on November 5 is among 16 that Saudi officials, citing archrival Iran’s continued development of nuclear energy, have said they plan to build over the next two decades at a cost of $80 billion.
While Riyadh insists its goal is to diversify away from oil and gas, the main drivers of the kingdom’s economy, the nuclear plans have raised concerns in the West about the possibility of a nuclear race between the two Middle Eastern rivals.
Like Iran, Riyadh insists its only goal is the development of peaceful nuclear technologies. But Prince Muhammad warned in March that if Iran develops a nuclear weapon, Riyadh will do so as well.
Since that time, the United States has pulled out of Iran’s 2015 nuclear agreement with world powers, while Iran has said it will continue to honor the accord as long as it continues to reap economic benefits from the lifting of international sanctions in exchange for curbs on its nuclear activities under the deal.
But top Iranian officials also have threatened to quit the agreement if U.S. sanctions on Iran’s economy, which went fully into effect on November 5, squelch the benefit of its trade with the rest of the world.
Riyadh expressed deep reservations about the Iranian nuclear deal and applauded U.S. President Donald Trump’s move to abandon it and reimpose sanctions on Iran.
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The government has provided few details about the research reactor, which is typically used for research, development, or education purposes rather than to produce electrical power.
Full article: Saudis Launch Nuclear Research Reactor Amid Competition With Iran (RadioFreeEurope/RadioLiberty)
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