Trump Announces $8.4Bln Oil Recovery Project as Part of Trade Deal With South Korea

NAMPA / Sputnik

2026-10-02

WASHINGTON, October 2 (RIA Novosti) - US President Donald Trump on Friday announced a $8.4 billion investment by South Korea toward the development of an oil recovery project. "I am thrilled to announce the Republic of Korea Deal keeps getting BETTER! 8.4 Billion Dollars for an enhanced Oil Recovery Project," Trump said via Truth Social. "Producing more Oil and Gas means American Energy Dominance and Energy Security in the World for the Future......

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