U.S. President Donald Trump said on Wednesday his administration struck a deal with Pakistan in which Washington will work with Islamabad in developing the South Asian nation's oil reserves. "We have just concluded a Deal with the Country of Pakistan,

US President Donald Trump has announced sealing a trade deal with Pakistan and said that Washington will work with Islamabad to develop what he described as the South Asian nation’s “massive oil reserves”.

Pakistan is poised to receive its first-ever US crude oil shipment later this year, marking a significant trade agreement following tariff discussions. Cnergyico, Pakistan's largest refinery, has finalized a deal with Vitol to import 1 million barrels of American oil,