US Energy Secretary Chris Wright and Saudi Minister of Energy Abdulaziz bin Salman formally signed the agreement, along with "bilateral safeguards" against non-proliferation.

The agreement gives American companies priority access to nuclear reactors and fuel to Saudi Arabia. It's expected to last decades and be worth billions of dollars.

The Trump administration will submit a nuclear technology pact to Congress soon. This agreement with Saudi Arabia does not include specific safeguards. U.S. Energy Secretary Chris…