Critics say the US-Saudi deal could spark a nuclear arms race in the Middle East. It's certainly not making US allies, like Israel and the UAE, happy. And reports suggest the US may already be backtracking on the deal.

The deal is expected to be a financial windfall for American companies but is likely to raise concerns of nuclear proliferation in the Middle East.

DUBAI, July 22 (Reuters) - The Trump administration backs a nuclear energy pact with Riyadh allowing Saudi Arabiato enrich uranium and process spent atomic fuel, two sources have…