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The Guardian Business · Feb 18, 2026 6:02 AM EST EnergyCommodities

US and Japan unveil $36bn of oil, gas and critical minerals projects in challenge to China

Donald Trump says deals ‘end our foolish dependence on foreign sources’, while Japanese PM hails enhanced economic securityJapan has drawn up plans for investments in US oil, gas and critical mineral projects worth about $36bn under the first wave of a deal with Donald Trump.The US president and Sanae Takaichi, Japan’s prime minister, announced a trio of projects including a power plant in Portsmouth, Ohio, billed b…

US and Japan unveil $36bn of oil, gas and critical minerals projects in challenge to China
Image The Guardian Business

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