Trump's oil and gas stocks gained millions during Iran war

What happened: A report by Democrats on the Congressional Joint Economic Committee says President Trump's oil and gas holdings rose in value during the Iran war, based on his financial filings with the Office of Government Ethics. Key numbers: Holdings now worth $22.5 million to $81.6 million, up from $12.6 million to $46 million at the end of 2025. Stocks rose an average of 43% since then. Why it matters: The report raises conflict of interest concerns from Democrats, while the White House says the portfolio is independently managed and the president does not direct trades. Coverage: 3 outlets in 24h

A report by Democrats on the Congressional Joint Economic Committee says President Trump's oil and gas holdings rose in value during the Iran war, based on his financial filings with the Office of Government Ethics.

The report raises conflict of interest concerns from Democrats, while the White House says the portfolio is independently managed and the president does not direct trades.