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US Firm Owned by Trump Donor Buys German Oil Storage Giant

Summary by The Local - De
A US takeover of a major German operator of fuel storage sites has been approved, Berlin said Friday, despite warnings about the new owner's close links to US President Donald Trump.

21 Articles

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Lean Left

Through the acquisition of TanQuid by Sunoco, a subsidiary of the US Energy Transfer Group, a MAGA supporter has control over part of the German infrastructure

·Vienna, Austria
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Lean Right

The Federal Ministry of Economics approves the acquisition of a German energy company to a US company. It is controlled by a Trump confidant.

·Düsseldorf, Germany
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Center

In the future, a US billionaire close to Trump will control parts of Germany's fuel logistics and thus also gain access to military infrastructure. The Ministry of Economics approved the deal.

·Berlin, Germany
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Lean Right

Kelcy Warren is a big supporter of US President Trump. According to a media report, his oil company is now taking over numerous German tankers and pipelines. The Greens are talking about a "sale of critical infrastructure".

Lean Left

Part of the critical infrastructure in Germany is now in the hands of a US corporation, whose boss is considered to be closely familiar with US President Donald Trump.

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Bias Distribution

  • 57% of the sources lean Left
57% Left

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Spiegel broke the news in Germany on Thursday, January 22, 2026.
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