Trump announces US will develop "massive" oil reserves in Pakistan, says they might sell to "India some day"

  • Posted on July 31, 2025
  • By Business News Today
  • 4 Views
Trump announces US will develop "massive" oil reserves in Pakistan, says they might sell to "India some day"

US President Donald Trump has announced a 25% tariff and additional penalties on Indian imports, citing trade imbalance and Indias oil purchases from Russia. Just hours later, he revealed a fresh energy deal with Pakistan to jointly develop the countrys oil reserves. Trump suggested the partnership could even lead to Pakistan exporting oil to India one day. While trade talks with New Delhi continue, the US is also fielding offers from other countries on tariff reductions to ease its trade deficit.
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