India, July 31 -- US President Donald Trump announced a fresh agreement with Pakistan on Thursday with Washington pledging to support the development of "massive oil reserves". Trump also said that Pakistan could sell oil to India in the future in a post on Truth Social, his social media platform.

"We have just concluded a Deal with the Country of Pakistan, whereby Pakistan and the United States will work together on developing their massive Oil Reserves. We are in the process of choosing the Oil Company that will lead this Partnership. Who knows, maybe they'll be selling Oil to India some day!" Trump posted on Wednesday.

According to the US Central Intelligence Agency's estimates, Pakistan has proven oil reserves of over 332 million ba...