US firms said to eye Pakistan oil after Trump’s reserves claim

US firms said to eye Pakistan oil after Trump’s reserves claim

America’s most senior envoy in Pakistan has told the South Asian nation that US companies are showing “strong interest” in its oil and gas sector, after President Donald Trump late last month surprised the industry by vaunting “massive” reserves. Pakistan’s Petroleum Minister Ali Pervaiz Malik met with US Charge d’Affaires Natalie A. Baker last week … Read more

Trump’s deal with Pakistan raises a big question: Does India’s arch-rival really have large oil reserves? Here’s what we know

Trump’s deal with Pakistan raises a big question: Does India’s arch-rival really have large oil reserves? Here’s what we know

Just hours after slapping 25% tariffs on India, U.S. President Donald Trump announced a new energy deal with Pakistan on Wednesday, framing it as a joint project to tap what he called the country’s “massive oil reserves.” Trump’s remarks, shared on Truth Social, included a surprising hint: that Pakistan might one day sell oil to … Read more