Japan, U.S. Eye Stockpiling Alaskan Oil in Japan

The Japanese and U.S. governments have entered the final stages of negotiations to increase production of U.S. crude oil through Japanese investment and to jointly stockpile the additional output in Japan. An agreement is expected to be reached in conjunction with the summit meeting between Prime Minister Sanae Takaichi and U.S. President Donald Trump scheduled on Thursday in Washington, according to government sources.