Trump’s Oil Investments Gain Millions During Iran War as His Accounts Keep Trading

President Donald Trump’s oil and gas investments have gained an estimated $1.5 million to $4.4 million since the beginning of the Iran war, while his investment accounts continued buying and selling energy stocks. That finding comes from a CNBC analysis of Trump’s financial disclosures, corporate reports and market data. The analysis examined nine major energy…

President Donald Trump’s oil and gas investments have gained an estimated $1.5 million to $4.4 million since the beginning of the Iran war, while his investment accounts continued buying and selling energy stocks.

That finding comes from a CNBC analysis of Trump’s financial disclosures, corporate reports and market data. The analysis examined nine major energy holdings, including Chevron, ConocoPhillips, Exxon Mobil, Kinder Morgan, Marathon Petroleum, Occidental Petroleum, Phillips 66, Valero Energy and Williams Companies.

The Brief

Trump’s nine largest disclosed oil and gas positions increased in estimated value between February 27 and August 31.

His accounts also continued trading. Disclosures show purchases and at least 23 sales involving those nine companies through June 29.

But there is an important qualification: Trump’s financial filings do not disclose exact share counts, execution prices or which specific shares were sold. Therefore, the $1.5 million-to-$4.4 million figure represents an estimated paper gain, not a confirmed realized profit or an exact calculation of Trump’s current holdings.

CNBC also reported that it found no evidence Trump personally directed a specific trade, had advance knowledge of his own policy decisions, or that his financial interests influenced those decisions. The White House says independent managers make the investment decisions.

Why This Matters

The issue is therefore not simply whether Trump made money.

The larger question is whether a president who retains substantial investments in an industry affected by his administration’s decisions can avoid the appearance of a conflict of interest when those decisions move markets.

Ethics watchdogs have argued that placing assets under discretionary management does not completely eliminate that concern. CREW has separately documented the broader financial interests Trump has maintained while serving as president.

At the same time, the available reporting does not establish that Trump’s investment gains were the result of improper trading or that policy decisions were made for personal financial benefit.

That distinction matters.

The Prophetic Connection

The Bible repeatedly warns about the dangers of placing wealth, power and material possessions above righteousness.

Jesus said:

“For where your treasure is, there will your heart be also.” — Matthew 6:21

Scripture does not teach that wealth itself is evil. It warns about what happens when wealth becomes the object of our trust.

Today’s markets can change billions of dollars in value within hours because of wars, government decisions and geopolitical crises.

For Christians, that should be a reminder that earthly wealth is temporary, but God’s truth is eternal.

What Should We Watch?

Watch the continuing disclosures, energy markets and any future transactions involving presidential investments.

For ordinary families, the lesson is also practical: geopolitical instability can quickly affect gasoline, food, transportation and household finances.

Preparing financially before a crisis is usually wiser than trying to prepare after one begins.

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Frequently Asked Questions

1. How much have Trump’s oil investments gained?
CNBC estimated that nine major oil and gas holdings gained approximately $1.5 million to $4.4 million between February 27 and August 31.

2. Are those confirmed profits?
No. They are estimated paper gains based on disclosed investment ranges and stock-price movements.

3. Did Trump personally make the trades?
The reporting found no evidence that Trump personally directed the specific trades.

4. How many energy-stock sales were disclosed?
At least 23 sales involving the nine companies were disclosed through June 29.

5. Does this prove a conflict of interest?
It raises questions about potential conflicts and public perception, but the reporting does not establish that Trump’s policy decisions were made to benefit his investments.

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