Report: Value of Donald Trump's energy stocks jumped 39% this year
US President Donald Trump's holdings in the oil and gas sectors have grown by up to 15.5 million dollars following the war with Iran, according to a report by Democratic members of the Joint Economic Committee of Congress.
US President Donald Trump's holdings in the oil and gas sectors have grown this year by up to 15.5 million dollars, following the war with Iran. This is according to a new report by Democratic members of the Joint Economic Committee of Congress.
In his 2025 financial disclosure, Donald Trump reported that he owns oil and gas stocks worth 12.5-45.6 million dollars. The committee claims that the value of these holdings jumped this year by about 39% on average, as of August 17, which puts their estimated value at 17.2-61.1 million dollars. Among the major energy holdings reported by Donald Trump: ExxonMobil, Chevron, Valero Energy, and Marathon Petroleum.
The committee's analysis assumes that the president currently holds the same stocks he reported at the end of 2025. The president's disclosures include assets in broad ranges rather than exact amounts, which makes calculating the exact profit difficult. The Democrats on the committee further assumed that Donald Trump purchased additional oil and gas stocks worth up to 3.6 million dollars in the first three months of 2026, including purchases of Chevron stock in the weeks following the American operation in Venezuela. Chevron was the only American oil company permitted to continue operating in Venezuela even after the tightening of sanctions during Donald Trump's current term.
The Democratic staff report links the profits to the rise in oil prices during the war with Iran. By their estimate, major oil and gas producers recorded profits of 125.2 billion dollars in the first half of 2026, while Americans paid about 71.5 billion dollars more for gasoline since the war began.
The Trump Organization, owned by the Trump family, previously told CNBC that the president's investments are held in accounts managed by independent financial institutions, which have "full and exclusive authority" over investment decisions. The organization stated that Donald Trump and his family do not receive advance notice of transactions and do not provide any guidance regarding decisions on individual investments.
The findings may lead to increased scrutiny of Donald Trump's large investment portfolio, should the Democrats win the midterm elections for Congress to be held in November.
