Trump Says U.S., South Korea, Japan Plan Alaska Oil Venture

U.S. President Donald Trump said Washington is negotiating a trade arrangement with South Korea that would center on energy shipments from Alaska, describing crude oil as Seoul’s top priority. He added that South Korea is also seeking U.S. natural gas and coal. Trump told reporters the talks include creation of a joint venture involving the United States, South Korea and Japan focused on Alaska’s energy resources. He did not give a timeline or financial details, but indicated that the partnership would grant the two Asian allies greater access to U.S. hydrocarbons.