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Trump oil stock trade filings
Archived — this story has rotated out of today’s deck. It is kept here in full.
The gist
Trump's accounts traded oil and gas stocks during the Iran war, filings show. His oil and gas holdings gained up to $15.5 million, Democrats say.
Background
President Trump's financial disclosures reveal active stock trading while he oversees the U.S. war with Iran. His oil and gas holdings have surged as energy prices rose due to the conflict, prompting scrutiny over potential conflicts of interest.
How it unfolded
- 2025Trump reported holding between $12.5 million and $45.6 million in oil and gas stocks in his annual financial disclosure.
- Apr 7, 2026Trump declared a ceasefire in the Iran war; a notable large oil trade occurred on this day.
- Jun 2026Trump made more than 1,000 securities trades, including significant purchases in Berkshire Hathaway, Visa, Mastercard, and Cintas, totaling between $78.1 million and $263.1 million.
- Aug 17, 2026Democratic staff on Congress' Joint Economic Committee estimated Trump's oil and gas holdings were worth as much as $61.1 million.
- Aug 22, 2026The Office of Government Ethics published Trump's June financial disclosure, showing over 1,000 trades.
- Aug 24, 2026Congressional Democrats released a report stating Trump's oil and gas stocks gained up to $15.5 million amid the Iran war.
- Aug 27, 2026CBS News and CNN reported on the continued oil and gas trades during the Iran war, citing filings.
Who’s saying what
- Democrats
- Trump's oil and gas holdings increased about 39% this year, potentially adding as much as $15.5 million to his wealth, according to Democratic staff on Congress' Joint Economic Committee.
- Critics
- Trump's trading activity while in office has drawn scrutiny over his ability to personally profit off of the presidency, with critics labeling it a conflict of interest.
- Trump
- Trump credited the stock market for his financial gains, but did not account for foreign investments in his crypto business.
Still unverified
The exact value of Trump's trades is not disclosed; the Office of Government Ethics provides ranges. The $15.5 million gain is an estimate by Democratic staff, not an official figure.