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

Trump said the plans follow a new security pact that expands U.S. military access and limits investment by non-NATO countries.

  • On Wednesday, President Donald Trump announced that major oil, gas, and mineral exploration is set to begin in Greenland, writing on Truth Social that the region is "our new and beautiful Greenland."
  • This announcement follows a September agreement between the United States, Denmark, and Greenland that expands the American military presence while reaffirming Danish sovereignty over the territory.
  • Washington plans to establish two additional military sites at Narsarsuaq and Mestersvig to support Trump's proposed "Golden Dome" missile defense system, which he claims will intercept future threats.
  • While Greenland holds significant rare earth elements and potential oil reserves, experts note that severe Arctic conditions and high extraction costs complicate commercial viability, with no established production on the island.
  • As diesel averaged $6.2787 a gallon on Wednesday, critics urge the administration to reverse recent deals involving Russia to supply fuel markets, complicating the energy-focused strategy.
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Lean Left

The American president has returned to point his finger at journalists: "Who leaks confidential information must be shot"

·Turin, Italy
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Lean Right

The US and Denmark have reached an agreement on Greenland. Despite this, Trump continues to bring up the "beautiful" island. - It was owned by Denmark, Trump said on Wednesday evening.

·Stockholm, Sweden
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CNN Brasil broke the news in São Paulo, Brazil on Wednesday, October 14, 2026.
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