How Trump's stock portfolio rode oil rollercoaster
As tensions between the United States and Iran escalated, the price of oil surged above $100 a barrel for the first time in six weeks. President Donald Trump faced a challenge as Republicans sought to mitigate the impact of high gas prices on upcoming midterm elections. A CNBC analysis revealed that Trump's oil investments had gained millions during the six-month conflict, benefiting from the wartime decisions he made.
However, there was no evidence to suggest that Trump directed these trades or had advance knowledge of the market movements.
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