US Secretary of State Antony Blinken visited Riyadh at the beginning of June to bargain with the Saudis over a package of concessions to be granted to the kingdom in exchange for normalisation of relations with Israel. Under the leadership of Crown Prince Mohammed bin Salman (MBS), the Saudis reportedly asked the US to jointly create a 'nuclear Aramco', modelled after the kingdom's oil and gas giant that has played such a large role in building the country's substantial wealth. The people who've discussed the nuclear Aramco idea with the Saudis recently tell Semafor that the issue is further complicated by Riyadh's belief that it can simply turn toward China or Russia if the U.

https://lens.monash.edu/@politics-society/2023/06/16/1385882/explainer-why-does-saudi-arabia-want-a-nuclear-aramco

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