SITUATION REPORT

Japan, South Korea: Leaders Pass Energy Cooperation Deal

May 19, 2026 | 17:02 GMT

On the first day of Japanese Prime Minister Sanae Takaichi's May 19-20 summit with South Korean President Lee Jae Myung in Andong, South Korea, the two signed a deal to cooperate on the supply and stockpiling of crude oil, liquefied natural gas and petroleum products, as well as on swap agreements for the same, Reuters reported on May 19....

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