U.S. and Japan Announce Over $30 Billion in Energy Deals at Tokyo Forum on March 15, 2026

On March 15, 2026, the United States and Japan announced at least $30 billion in energy agreements at the Indo-Pacific Energy Security Ministerial in Tokyo, covering around 20 deals in LNG, coal, nuclear, critical minerals, and batteries. The package builds on a $550 billion trade framework signed in mid-2025 and includes projects such as a $33 billion gas-fired power plant in Ohio and a $2.1 billion crude oil terminal in Texas. The arrangements come amid a Qatar LNG supply shutdown on March 2, which has sharply driven up European and Asian gas prices and increased urgency for diversification.