Story perspectives

Japan, Mercosur Forge Oil, Mineral Deal Ahead of G7

5/27/2026

Center

Japan seeks SouthAmerica

Japan is turning to South America for oil and mineral supplies after recent shipping disruptions in the Strait of Hormuz.
The Mercosur trade bloc and Japan have begun talks on an economic partnership covering oil, critical minerals and auto tariffs.
Japan will announce the partnership at the G7 summit in France next month.
Sanae Takaichi and Luiz Inacio Lula da Silva will meet G7 sidelines to discuss partnership.

Right

Japan Disappointed

Survivors of Hiroshima and Nagasaki and their city mayors, along with families, expressed strong disappointment at the treaty review’s failure.
The nuclear nonproliferation treaty review conference in Geneva concluded without a consensus document, leaving the treaty’s future uncertain for security.
Japan will unveil the negotiations at next month’s Group of Seven summit in France.
Foreign Minister Toshimitsu Motegi lamented the document, citing Iran’s disputes and affirming the treaty’s core.

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Japan seeks SouthAmerica

Japan is turning to South America for oil and mineral supplies after recent shipping disruptions in the Strait of Hormuz.
The Mercosur trade bloc and Japan have begun talks on an economic partnership covering oil, critical minerals and auto tariffs.
Japan will announce the partnership at the G7 summit in France next month.
Sanae Takaichi and Luiz Inacio Lula da Silva will meet G7 sidelines to discuss partnership.

1 / 2