Donald Trump says South Korea deal "keeps getting BETTER" with $8.4B for oil recovery project

President Donald Trump said Friday that a U.S.-South Korea trade deal contains $8.4 billion for a gas-injection oil extraction project that pushes gases into older fields to recover remaining crude. In a Truth Social post, he praised the deal. He has said South Korea would invest $200 billion in U.S. projects, part of a broader $350 billion investment package that includes $150 billion for shipbuilding. Seoul says the Alaska liquefied natural gas portion must still be assessed for viability and adherence to regulations, and will move forward only if business and legal requirements are fulfilled. The announcement comes as Trump promotes economic and investment deals before November’s midterm elections, seeking to bolster his economic performance amid voter worries about the war with Iran and elevated fuel costs. Many environmental groups oppose gas-injection extraction, while major oil companies back it.