Trump Announces U.S.–Pakistan Oil Deal

US President Donald Trump announced that the US and Pakistan have concluded a trade deal to jointly develop Pakistan’s “massive oil reserves”

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Trump shared on Truth Social: “We have just concluded a Deal with the Country of Pakistan… We are in the process of choosing the Oil Company that will lead this Partnership”

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Trump added: “Who knows, maybe they’ll be selling Oil to India some day!” suggesting potential future exports to India

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Pakistani officials confirmed the agreement also includes lower tariffs on exports to the U.S. and broader trade-and-energy cooperation

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Pakistan has around 332–353 million barrels of proven oil reserves—ranking roughly 52nd globally

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This move comes just after Trump imposed 25% tariffs on Indian goods and follows tensions over India's ties with Russia—raising strategic questions

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