The Middle East Nuclear Race Is Already Underway
Tuesday, March 24, 2015 at 12:31AM
Uranium Stocks

While the U.S. and other world powers work to constrain Iran's nuclear program, five rival nations plan atomic programs

One of the most important reasons why the U.S. is trying to conclude a nuclear deal with Iran is to prevent an Iranian bomb from triggering a nuclear race in the Middle East. Yet even as talks continue now in Switzerland, Tehran’s regional rivals have already begun quietly acting on their own atomic ambitions. Nuclear power may be on the wane almost everywhere else in the world, but it’s all the rage in the place with all that oil.

Egypt’s announcement last month that it was hiring Russia to build a reactor near Alexandria made it only the latest entrant in an emerging atomic derby.

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