Trump’s $15 Billion Oil Pipeline Raises Conflict-of-Interest Questions

Reuters reports that Trump’s Middle East envoy, Thomas Barrack, allegedly promoted TI Capital, a company linked to his business partner, for a $15 billion oil pipeline connecting Iraq and Syria, bypassing the Strait of Hormuz. Barrack retained financial ties to another venture managed by the company. Ethics experts raised conflict-of-interest concerns, while the State Department denied wrongdoing.

Source

https://www.internazionale.it/ultime-notizie-reuters/2026/10/09/trump-envoy-kept-financial-ties-to-firm-behind-15-billion-hormuz-bypass-oil-pipeline-plan