US President donald trump has announced a major trade deal. In a post he posted on the Truth Social platform, he said that a new deal will be formed between the US and pakistan to develop the large oil resources in Pakistan. He mentioned that under this deal, an American oil company will be selected and the project will be carried out. trump said that an important feature of this deal is the possibility of selling oil from pakistan to India. "May be sold to india," he mentioned in his post. This deal is also seen as part of the many strategies that trump is taking to reduce the US trade deficit. He has previously tried to reduce America's trade deficit through tax breaks and new trade agreements.

While trump has announced that he is going to sign an oil deal with pakistan, the full details of the deal have not been released yet. However, trade talks between the US and pakistan have been ongoing for the past few months. Pakistani minister Ishaq Dar recently said that "the oil deal project is nearing its final stages." Experts have said that the oil deal could strengthen US-Pakistan relations and trigger major political changes between India-US and India-Pakistan.
Pakistan has an estimated 9 billion barrels of untapped oil reserves. These reserves are largely untapped due to a lack of investment. The US is likely to unlock these resources and play a key role in Pakistan's energy sector. india is largely dependent on imports for its oil needs, unable to meet them. If Pakistan's oil is sold to india, it could reduce India's energy costs. However, this risks complicating India's neutral stance in US-Pakistan relations.
Moreover, this development risks escalating tensions with India. india is currently facing a 25% tariff and penalties from the US for buying Russian oil. india, the world’s third-largest oil importer, is said to benefit from buying Pakistani oil. However, the government led by prime minister Modi has prioritized energy ties with the Middle east and Russia. While india and pakistan are looking forward to new opportunities in the oil trade, the political and trade environment remains fraught with challenges. Trump’s efforts to reduce the US trade deficit will also have an impact on India-Pakistan relations.
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Sowmiya Sriram

31/07/2025 06:49 PM