U.S President Trump touts Greenland oil riches, strategic location

PSX Update • Oct 14, 2026

US President Donald Trump has indicated that large-scale oil, gas and mineral exploration is about to begin in Greenland, claiming the Arctic island holds some of the world’s largest easily accessible oil reserves at a time when global energy prices

October 14, 2026 (MLN): US President Donald Trump has indicated that large-scale oil, gas and mineral exploration is about to begin in Greenland, claiming the Arctic island holds some of the world’s largest easily accessible oil reserves at a time when global energy prices remain elevated. In a Truth Social post, President Trump referred to Greenland as our new and beautiful territory and suggested that some experts...