Tuesday, June 23, 2026
Report Wire Logo
HomeWorldTrump Announces Oil Deal with Pakistan, Hints at Future Oil Sales to India Amidst New Tariffs
World

Trump Announces Oil Deal with Pakistan, Hints at Future Oil Sales to India Amidst New Tariffs

Following the imposition of a 25% tariff and additional penalties on Indian imports, former US President Donald Trump revealed a new trade agreement with Pakistan. The deal focuses on collaborative...

N
News Analysis IndiaReporter
|
July 31, 2025
12:00 AM
Trump Announces Oil Deal with Pakistan, Hints at Future Oil Sales to India Amidst New Tariffs

Following the imposition of a 25% tariff and additional penalties on Indian imports, former US President Donald Trump revealed a new trade agreement with Pakistan. The deal focuses on collaborative efforts to develop Pakistan's oil reserves. Trump expressed a speculative view that Pakistan might eventually sell oil to India. He also noted that several countries are offering tariff reductions to the US and stated that a comprehensive report will be released soon. The Ministry of Commerce and Industry responded by stating that the government is reviewing the implications and will prioritize national interests.

--- Advertisement ---