Trump's oil and gas stock trades continued during Iran war, filings show

President Trump’s investment accounts continued to buy and sell stocks in oil and natural gas companies while he oversaw the U.S. war with Iran, according to CBS News Digital analysis of financial disclosure filings through the second quarter of 2026. The Office of Government Ethics data shows hundreds of thousands of dollars in trades as the conflict paused for a ceasefire and then resumed. CBS reports his accounts executed about 3,600 trades in the first three months of the year, with totals ranging from $212 million to $695 million. Democrats estimated his energy holdings rose between January and mid-August, though filings report ranges, not exact amounts. The White House says Trump does not direct the trades.