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Greenland Blocks Texas Oil Drilling | Europe News
Description
Greenland’s government has slapped a major warning on Texas oil giant Greenland Energy after it secretly moved drilling rigs onto the island’s east coast—without permission—targeting a potential trillion-dollar oil reserve. With $60 million earmarked for two test wells, the move risks derailing fragile diplomatic ties between Greenland, Denmark, and the U.S., especially as Trump’s past comments about “having” Greenland and even military action still hang over the situation. Experts warn backing this company could undo recent progress in stabilizing relations. Now, with a key October deadline looming, tensions are rising as the company stands ready to drill while the government holds firm—setting the stage for a global political showdown.
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