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

US President Donald Trump announced on Wednesday plans for extensive oil, gas, and mineral exploration in Greenland, stating the Arctic island possesses vast, easily accessible oil resources amid high global energy prices. In a post on his social media platform Truth Social, Trump wrote, "Massive Oil, Gas, and Mineral Exploration is getting ready to begin in our new and beautiful Greenland!"

He suggested that certain experts believe Greenland has some of the world's largest easily accessible oil reserves, although he did not provide specific estimates or details about the planned exploration activities. Trump also highlighted Greenland's strategic importance, arguing that it would be crucial in defending the US and Europe from potential attacks.

He stated, "Any future attack on the United States will have to come across Greenland, where our Defense will routinely knock down drones, missiles, or any other form of weapon not yet even conceived." This comment came in the wake of a September agreement between Washington, Denmark, and Greenland to increase the US military presence on the island, which includes the addition of bases and missile defense capabilities.

Despite Trump's reference to "our new Greenland," the island is a self-governing territory within Denmark, with Danish sovereignty recognized, and Greenlanders retaining their right to self-determination. It is noteworthy that Greenland ceased issuing new oil and gas exploration licenses in 2021 due to environmental and climate concerns, although existing licenses remain valid.