US President Donald Trump announced on the TruthSocial social network that Washington will quickly begin geological exploration work in Greenland to discover oil, gas, and other mineral deposits.
Why it matters. The announcement follows the signing of a security agreement between the US, Denmark, and Greenland on September 22. It gives Washington broad strategic, military, and economic opportunities in the Arctic.
Key details and strategic significance.
Resource reserves. According to experts cited by Trump, the easily accessible oil reserves in Greenland significantly exceed those of almost any other region in the world:
Security and defense. The US President noted that this autonomous territory of Denmark is “unmatched” for the defense of the US and Europe, as any attack on American territory passes through Greenland:
The September 22 agreement. Washington has been granted the right to create “defensive zones” on the island, activate military operations, and have unrestricted access to Greenland's airspace, territorial waters, and underwater environment:
