Tag Archives: Saudi Arabia

Saudi Plans to Study Small Nuclear Reactor Tech

Saudi Arabia said it’s interested in studying technology for small modular nuclear reactors, as the Middle East’s largest oil producer looks to diversify its energy sources and generate cleaner power for domestic use and export. The kingdom is “a late-comer” to nuclear power and aims to study all types and …

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Higher Oil Prices could Spark a Fresh Wave of Inflation

Saudi Arabia and Russia moved with determination to support oil prices, extending their respective ongoing production and export cuts through the end of the year. In an initial response to Tuesday’s news, oil prices jumped and hit the highest level so far this year, with Brent Crude prices exceeding the …

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