US Firm Owned by Trump Donor Buys German Oil Storage Giant
21 Articles
21 Articles
US firm owned by Trump donor buys German oil storage giant
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.
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
The Federal Ministry of Economics approves the acquisition of a German energy company to a US company. It is controlled by a Trump confidant.
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.
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".
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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