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August 27, 2026 / 6:00 AM EDT
/ CBS News
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Washington — President Trump's investment accounts have continued to purchase and sell stock holdings in oil and natural gas companies while he oversees the U.S. war with Iran, according to his financial disclosure filings through the second quarter of 2026. As the Iran war continued, paused for a ceasefire and then restarted, Mr. Trump has purchased and sold oil and gas stocks worth hundreds of thousands of dollars, according to the most recently available data from the Office of Government Ethics. Mr. Trump has a vast portfolio with holdings in all 11 sectors, and a CBS News investigation showed that in the first three months of the year, his accounts executed about 3,600 stock or securities trades, worth a total that ranged between $212 million and $695 million.Democrats on the Joint Economic Committee estimated this week that the president's holdings in oil and gas companies have jumped in value from a range of $13 million to $46 million at the start of this year, to $17 million to $61 million by mid-August. Filers are only required to report ranges of transactions, not specific dollar amounts. The estimates were based on his stock holdings in 2025, and didn't take into account the trades that he's made since then.Energy stocks surged during that period, which encompasses the U.S. operation in Venezuela in early January and the war with Iran, which started at the end of February. The White House said Mr. Trump is not involved in his trades. The energy stock purchases and sales make up a small portion of the president's overall net worth, which Forbes estimated to be over $6 billion as of Aug. 26. Mr. Trump has declined to place his assets in a blind trust. Holding individual stocks, as opposed to index or other mutual funds, means he still holds visible assets in his spheres of influence.
