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International Business Times
International Business Times

Oil Prices Are Boosting Trump's Investments. The White House Reiterates The Portfolio is Independently Managed.

President Trump's oil investments have increased in value, a report states.

President Donald Trump's independently managed investment portfolio includes millions of dollars in oil and gas company stock, whose value is rising thanks to higher oil prices driven largely by the Iran war.

A report written by Democrats on the Joint Economic Committee states that Trump made as much as $15.5 million last year on the investments.

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