Trump's oil investments have gained millions during Iran war as his accounts keep trading

President Donald Trump speaks to reporters outside the White House, in Washington, Aug. 19, 2026.Kylie Cooper | ReutersAs President Donald Trump's wartime directives in Iran repeatedly jolted global markets, his personal energy portfolio surged. Throughout the first six months of fighting, Trump's investment accounts continued aggressively trading energy stocks. Between the eve of the war, on Feb. 27, and Aug. 31, his nine largest oil and gas holdings gained approximately $1.5 million to $4.4 million, according to a CNBC analysis of his annual financial disclosure, quarterly corporate reports and FactSet market data. CNBC identified the nine holdings by aggregating Trump's year-end 2025 positions in the same oil and gas companies across his investment accounts and ranking them by their disclosed value. They are: Chevron, ConocoPhillips, Exxon Mobil, Kinder Morgan, Marathon Petroleum, Occidental Petroleum, Phillips 66, Valero Energy and the Williams Companies.CNBC calculated the range of gains using the minimum and maximum values Trump disclosed for each holding and their share-price changes from market close on Feb. 27 through market close on Aug. 31.Trump's accounts reported purch...