Trump Presses South Korea on Alaska LNG and Oil Investment

In October 2026, US President Trump pushed South Korea over an Alaska LNG project and an $8.4 billion US oil recovery project. Trump announced a $54 billion energy investment from South Korea, and South Korea said he jumped the gun. Trump said he did not jump the gun on the Alaska LNG investment announcement. He also threatened to charge South Korea more if it rejects the Alaska LNG project, as Seoul is hesitant.