US President Donald Trump’s disclosed oil and gas holdings may have gained as much as $15.5 million this year as energy shares rose during the Iran war, CNBC reported, citing Democratic staff on Congress’ Joint Economic Committee.
Trump reported holding between $12.5 million and $45.6 million in oil and gas stocks in his 2025 financial disclosure. The committee estimated that those holdings had risen about 39% on average through Aug. 17, putting their value as high as $61.1 million.
A White House spokesperson said neither Trump nor his family could direct or influence how the portfolio was invested, adding that all investment decisions were made by independent managers.
Stay ahead with the latest updates!
Join The Podium Media on WhatsApp for real-time news alerts, breaking stories, and exclusive content delivered straight to your phone. Don’t miss a headline — subscribe now!
Chat with Us on WhatsApp
