Trump's oil and gas stocks gained up to $15.5 million amid Iran war, congressional Democrats say

Democrats on the U.S. Congress’ Joint Economic Committee say President Donald Trump’s oil and gas stock holdings gained as much as $15.5 million in 2026, as energy shares rallied amid the war with Iran. In his 2025 annual financial disclosure, Trump reported holdings ranging from $12.5 million to $45.6 million in oil and gas stocks. The committee estimates those positions rose about 39% on average through Aug. 17, implying a value between $17.2 million and $61.1 million. It cites major stakes including Exxon Mobil and Chevron, plus Valero Energy and Marathon Petroleum. Trump’s team previously said trades are fully discretionary with no advance notice.