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Trump’s oil holdings reportedly rose during the Iran war
CNBC says it analyzed Trump’s oil and gas investments, showing millions in estimated gains as the conflict shifted energy markets.
CNBC Markets reports that Donald Trump retained major oil and gas investments as the Iran war moved energy markets. The outlet analyzed his holdings and trading activity and estimated gains during the period when the conflict was affecting prices and supply expectations.
CNBC World carried the same analysis, focusing on how Trump’s accounts continued trading through the war. The reporting attributes the change in performance to the way the Iran conflict reshaped energy market conditions.
The outlet said the gains were driven by the movement in oil and gas markets during the war, based on its review of Trump’s positions, trades, and estimated returns.