E-Paper | October 02, 2026

Seoul says $8.4bn oil project mentioned by Trump not part of deal with US: South Korean media

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A $8.4 billion oil recovery project mentioned by President Donald Trump is not part of a strategic investment agreement between the US and South Korea, Reuters reports citing South Korean news agency Yonhap, which cites an industry ministry official.

The official says an inquiry has been sent to the US side through communication channels, according to the report.

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