31/07/2025
President Donald Trump announced that the US has concluded a deal with Pakistan on developing the country’s vast oil reserves. “We have just concluded a Deal with the Country of Pakistan, whereby Pakistan and the United States will work together on developing their massive Oil Reserves,” Trump wrote on Truth Social.
The breakthrough was reached during a meeting Finance Minister Muhammad Aurangzeb with US Secretary of Commerce Howard Lutnick in Washington, DC. Pakistan and the United States finalised a trade agreement aimed at boosting bilateral trade, expanding market access, attracting investment, and fostering cooperation in areas of mutual interest, said the Pakistan embassy in US.