Donald Trump announced a US-Pakistan deal to develop Pakistan’s ‘massive oil reserves,’ even saying that India may be a potential buyer. Despite Pakistan’s claims of coastal petroleum, extraction progress remains limited. Pakistan relies heavily on Middle Eastern oil imports, constituting 20% of its import expenses. Donald Trump announced a US-Pakistan deal to develop Pakistan’s ‘massive oil reserves,’ even saying that India may be a potential buyer. Despite Pakistan’s claims of coastal petroleum, extraction progress remains limited. Pakistan relies heavily on Middle Eastern oil imports, constituting 20% of its import expenses.
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