Trump’s Oil and Gas Holdings Surge as Iran Conflict Drives Fuel Prices Higher

A report by the Congressional Joint Economic Committee shows that President Donald Trump’s oil-and-gas investments have risen sharply since the war with Iran began. The value of his holdings increased by an average 43 percent, moving from a disclosed range of $12.6 million–$46 million to $22.5 million–$81.6 million by the end of 2025. Within the same period, the president’s accounts bought $4.7 million–$17.5 million in oil-and-gas stocks and sold $2 million–$5.4 million. Chevron and ExxonMobil are his largest positions, valued at up to $23.1 million and $18.4 million, respectively, with shares up nearly 25 percent and 22 percent since February 20.

The Jerusalem Post

U.S. gasoline prices have climbed from $2.87 to $4.00 per gallon, while diesel rose from $3.68 to $6.28 per gallon. Brent crude advanced from below $75 to over $115 a barrel. The S&P 500 energy sector gained more than 50 percent this year, outpacing the broader index’s roughly 11 percent rise. On April 7, Trump’s accounts sold between $500,000 and $1 million of ExxonMobil shares—the same day he announced a ceasefire with Iran; ExxonMobil fell more than 6 percent the following open.

The Jerusalem Post

The White House asserts that the president’s portfolio is managed independently. “Neither President Trump nor any member of his family has any ability to direct, influence, or provide input regarding how the portfolio is invested or when investments are bought or sold,” — Davis Ingle, white house spokesman

The Jerusalem Post

Senator Maggie Hassan, the top Democrat on the Joint Economic Committee, warned that the president’s personal gains coincide with higher pump prices for Americans. “Trump's Iran War has forced Americans to pay much more at the pump while Big Oil rakes in profits and the president's own stock wealth in the oil and gas industry continues to balloon,” — Sen. Maggie Hassan, of New Hampshire, the top Democrat on the Joint Economic Committee

The Jerusalem Post

• “Neither President Trump nor any member of his family has any ability to direct, influence, or provide input regarding how the portfolio is invested or when investments are bought or sold,” — Davis Ingle, White House spokesman

The Jerusalem Post

• “Trump's Iran War has forced Americans to pay much more at the pump while Big Oil rakes in profits and the president's own stock wealth in the oil and gas industry continues to balloon,” — Sen. Maggie Hassan, of New Hampshire, the top Democrat on the Joint Economic Committee

The Jerusalem Post