Trump sold up to $1 million in ExxonMobil stock the same day he announced the Iran ceasefire, hours before shares fell 6.5%
President Trump's investment accounts sold between $500,000 and $1 million in ExxonMobil stock on April 7, 2026, the same day Trump declared a ceasefire in the U.S.-Iran war; Exxon closed at $163.91 that day and opened 6.5% lower the next morning. The sale was one of hundreds of thousands of dollars in trades across Exxon, Chevron, ConocoPhillips and other oil and gas companies that Trump's accounts made during the first half of 2026, a period in which his disclosed energy holdings rose in value from an estimated $13–46 million to $17–61 million as the war drove oil prices higher. The White House said Trump's portfolio is independently managed by third-party financial institutions and that neither he nor his family directs individual trades.
Part of: Trump Self-Dealing: Personal Financial Holdings Benefiting from Administration Decisions
Actors
On April 7, 2026, President Trump's investment accounts sold between $500,000 and $1 million in ExxonMobil stock, the same day Trump declared a ceasefire in the U.S. war with Iran. Exxon shares closed at $163.91 that day, before the evening ceasefire announcement, and opened 6.5% lower the next morning at $153.52. The sale was disclosed in a periodic transaction report Trump filed with the U.S. Office of Government Ethics in late June 2026 and surfaced in CBS News' review of his mid-2026 disclosures, published August 27, 2026.
The Exxon sale was one of hundreds of thousands of dollars in trades Trump's accounts executed across Exxon, Chevron, ConocoPhillips and other oil and gas companies through the first half of 2026, as the Iran war drove global oil prices — and the value of his energy holdings — sharply higher. Congressional Democrats on the Joint Economic Committee estimated the disclosed value of Trump's oil-and- gas stock holdings rose from a range of $13 million to $46 million at the start of 2026 to $17 million to $61 million by mid-August. Even as his own holdings benefited, Trump publicly criticized ExxonMobil and Chevron — which reported a combined $26.5 billion in second-quarter 2026 profit — for "making too much money."
The White House said Trump's stock and bond portfolio "is independently managed by third-party financial institutions" through "computer-based model portfolios that automatically replicate recognized indexes," and that neither Trump nor his family "has any ability to direct, influence, or provide input regarding how the portfolio is invested or when investments are bought or sold." Citizens for Responsibility and Ethics in Washington president Donald Sherman said the president "has a duty to avoid conflicts of interest between his finances and what's best for the American people" regardless of who executes the trades.
This entry records the Exxon sale as a discrete transaction, distinct from the archive's existing record of the aggregate OGE Q1 2026 disclosure (federal-monetizing-office-a906adb1), which cataloged thousands of transactions across many companies in the first quarter but did not include this trade — made in the second quarter and disclosed in a later filing. It is also part of a broader documented pattern of Trump holding personal financial positions in sectors his own decisions as president affect.
Why we recorded this
Federal ethics norms exist because officials should not personally profit from decisions that are theirs alone to make. President Trump's investment accounts sold up to $1 million in ExxonMobil stock on April 7, 2026 — the same day he declared a ceasefire in the Iran war, an announcement whose timing only the president controlled — hours before Exxon shares opened 6.5% lower the next morning. His broader energy-sector holdings rose in value throughout the war he was overseeing, even as he publicly accused oil companies of "making too much money." This archive records officials trading around decisions within their own control because it is precisely the conflict between public duty and private gain that ethics and disclosure rules exist to prevent.
Sources
- Trump's oil and gas stock trades continued during Iran war, filings show — CBS News primary accessed August 27, 2026
- Trump discloses 1,000 more recent stock trades, including in companies directly affected by Iran war — CNN primary accessed August 27, 2026
- Trump Complained About Big Oil Profits, But Dumped Exxon Stock on Ceasefire Day — OilPrice.com secondary accessed August 27, 2026
See also
- Pentagon awards $24M humanoid-robot contract to Foundation Future Industries, where Eric Trump is chief strategy adviser
- President Trump and his sons sued the IRS and Treasury for $10 billion over a tax-return leak
- Trump purchased up to $5 million in Axon Enterprise stock 14 days before ICE posted a $220M Taser contract tailored to Axon's specifications
- Trump Organization files 'Trump 250' trademark applications tied to U.S. 250th anniversary
- Trump conducted $220M-$750M in securities transactions while in office, including trades in companies affected by his administration's decisions
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