Financial Disclosure: Trump Sold ExxonMobil Stock the Day He Announced the Iran War Ceasefire

According to Oilprice.com's Charles Kennedy, in a report published Thursday, 5 Shahrivar 1405 (August 27, 2026) based on financial disclosures reviewed by CBS News, investment accounts belonging to US President Donald Trump sold between $500,000 and $1 million of ExxonMobil stock on April 7, 2026 (18 Farvardin 1405), the same day Trump announced a ceasefire in the Iran war and hours before Exxon shares fell 6.5 percent. Exxon closed that day at $163.91 and opened the next morning at $153.52.

The report said the trade was one of hundreds of thousands of dollars in transactions involving Exxon, Chevron and other oil and gas firms in the first half of 2026, a period in which Exxon and Chevron together earned $26.5 billion in the second quarter. The White House told CBS that Trump does not direct the trades and that his portfolio is managed by independent financial institutions. Trump has not placed his assets in a blind trust, and federal law does not require a US president to do so.