US President Donald Trump said OilOil refers to a globally traded energy commodity whose price is shaped by supply, demand, inventories, geopolitics, and economic activity. The term belongs in Level 7 because it...Read More, gas and mineral exploration was being prepared in Greenland, Reuters reported on 14 October. He supplied no detailed exploration plan. His statement follows last month’s agreement involving the United States, Denmark and Greenland. The report establishes that Trump made the announcement; it does not establish that drilling has started, commercial reserves have been verified or additional production is available.
US President Donald Trump said large-scale oil, gas and mineral exploration is preparing to begin in Greenland, highlighting the territory’s potential natural resources and strategic importance. He did not provide details on the timeline or companies involved. The announcement follows a US–Denmark–Greenland agreement expanding US military access while reaffirming Danish sovereignty and Greenland’s right to self-determination.