Odaily, citing CNBC, reported that an investment account in Donald Trump’s name made 23 highly timed trades over the past six months, including buying on the first day of war, adding positions before a pause in strikes, and exiting after attacks resumed. The account was said to be sitting on more than $1 million in unrealized profit.
According to the report, the account actively traded energy stocks during the first six months of ongoing geopolitical conflict and built positions across nine major U.S. energy companies. Those holdings benefited from supply disruption fears tied to the fighting.
A separate estimate from Democratic staff at the U.S. Congress Joint Economic Committee, released in August, put the increase in value of Trump’s broader oil and gas portfolio at as much as $15.5 million this year. The report drew political backlash. Senator Elizabeth Warren criticized Trump in a public statement, saying he had sparked conflict with Iran this year, which in turn drove oil and gas stocks higher while also lifting the value of his own large holdings.
Odaily, citing CNBC, reported that an investment account in Donald Trump’s name made 23 trades over the past six months that were described as unusually precise. The timing included buying on the first day of war, stepping in before a pause in strikes, and then fully exiting after attacks resumed. The account was said to be carrying more than $1 million in unrealized profit.
The report said the account generated strong returns by actively trading energy stocks during the first six months of sustained geopolitical conflict. Those positions spanned nine major U.S. energy companies and benefited from fears of supply disruptions linked to the fighting.
JEC staff estimated a larger gain
A report released in August by Democratic staff at the U.S. Congress Joint Economic Committee, or JEC, gave a higher estimate. According to that calculation, the total value of Trump’s broader oil and gas portfolio has increased by as much as $15.5 million this year.
Political backlash followed
The report quickly triggered a reaction in Washington. Senator Elizabeth Warren criticized Trump in a public statement, saying he had provoked conflict with Iran this year, directly pushing oil and gas stocks sharply higher while increasing the value of his own sizable holdings.
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