US President Donald Trump has said that Pakistan and the United States have reached a new deal to jointly develop Pakistan’s oil reserves. The announcement was made on his social media platform, Truth Social,

President Donald Trump on Wednesday delivered a subtle punch at India in announcing a trade deal with its rival Pakistan after slapping India with 25% tariffs over the country’s ties to U.S. rival Russia. Trump joked that Pakistan could be “selling Oil to India some day!”

By Kanishka Singh, Asif Shahzad and Ariba Shahid WASHINGTON/ISLAMABAD (Reuters) -The U.S. and Pakistan have struck a deal that will result in lower tariffs for the South Asian nation as well as an agreement in which Washington will help develop Islamabad's oil reserves,