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The Economic Times

Business / The Economic Times

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Trump says 'massive' oil, gas and mineral exploration to begin in Greenland

Donald Trump stated plans for extensive resource exploration in Greenland without providing specific details. The US, Denmark, and Greenland recently signed an agreement to ease previous tensions. This deal includes expanding the US military's presence in Greenland, which will involve new military bases. Trump's announcement emphasized the strategic significance of Greenland in terms of national defense. The agreement also recognizes Danish sovereignty and supports the self-determination of Greenlanders.

14 Oct 2026 11:57 am