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Pakistan Strikes U.S. Oil Pact as Trump Jabs at India

OilPrice.com Wednesday, 6 August 2025 ()
The United States and Pakistan have finalized a trade and energy pact that could reshape both nations’ approach to energy cooperation and strategic alignment. Announced on Wednesday by President Donald Trump, the agreement includes U.S. participation in developing Pakistan’s oil reserves and a substantial reduction in tariffs on Pakistani exports to the U.S. The new deal lowers the U.S. tariff rate on Pakistani goods from 29% to 19%, offering critical relief to one of the world’s largest textile exporters. According to the Pakistan…
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News video: Trump Aide Accuses India Of Bankrolling Russia’s War By Buying Oil, Warns Of 100% Tariffs Soon

Trump Aide Accuses India Of Bankrolling Russia’s War By Buying Oil, Warns Of 100% Tariffs Soon 03:26

In a scathing rebuke, top Trump aide Stephen Miller has accused India of "financing Russia’s war in Ukraine" by continuing to import oil from Moscow. Speaking on Fox News, Miller expressed alarm over India’s near-parity with China in buying Russian crude — calling it an “astonishing fact.”...

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