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    HomePoliticsU.S. and Pakistan Finalize Oil Development and Trade Deal

    U.S. and Pakistan Finalize Oil Development and Trade Deal

    ISLAMABAD/WASHINGTON, July 31, 2025 — Pakistan and the United States have formally signed a trade and energy agreement that allows U.S. investment in the development of Pakistan’s oil reserves and lowers tariffs on Pakistani exports to the U.S., officials confirmed today.

    U.S. President Donald Trump further hinted that the initiative could pave the way for Pakistan to export oil to India in the future, a statement that has raised regional geopolitical debate. Analysts note Pakistan’s actual proven reserves are modest, sparking questions about the feasibility and scale of the project. ([turn0news21])

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