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Finwire

Trump: South Korea deal includes $8.4 billion oil project

US President Donald Trump says the trade agreement with South Korea now includes an $8.4 billion project to increase oil production. This is stated in a post on Truth Social.

The announcement follows plans for around $200 billion in South Korean investments in US projects, including nuclear power and energy infrastructure.

South Korea has meanwhile stressed that a planned LNG pipeline in Alaska will only proceed if commercial and legal conditions are met.

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