Rubio Announces New Deal Between US, Japan, India, Australia on Energy Security

Watch on YouTube ↗  |  May 26, 2026 at 14:08  |  1:38  |  Bloomberg Markets

Summary

Marco Rubio announces the Quad Critical Minerals Framework and the Quad Initiative on Indo-Pacific Energy Security during a summit in New Delhi. The initiatives aim to strengthen critical minerals supply chains and enhance regional energy resilience through cooperation among the US, Japan, India, and Australia.

  • Rubio unveiled the Quad Critical Minerals Framework to coordinate investment and policy tools for mining, processing, and recycling critical minerals.
  • A new Quad Initiative on Indo-Pacific Energy Security was announced to improve regional energy resilience.
  • Areas of cooperation include technology, management, policy, international market analysis, and emergency response exercises.
  • The US Department of Energy will host a fuel security forum later this year with Quad partners.
  • Rubio emphasized the Quad as a linchpin of US global strategy and expressed commitment to the partnership.
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