Trump Complained About Big Oil Profits, But Dumped Exxon Stock on Ceasefire Day
President Donald Trump’s investment accounts sold between $500,000 and $1 million of ExxonMobil stock on April 7, the same day Trump announced a ceasefire in the Iran war and hours before Exxon shares opened 6.5% lower, according to financial disclosures reviewed by CBS News. Exxon closed at $163.91 on April 7 before Trump announced the ceasefire that evening and opened at $153.52 the following morning.
Why It Matters
This story touches on iran, trump, exxon — topics readers are actively tracking. Review and add editorial context before publishing.
Key Facts
- Fact 1: President Donald Trump’s investment accounts sold between $500,000 and $1 million of ExxonMobil stock on April 7, the same day Trump announced a ceasefire in the Iran war and hours before Exxon shares opened 6.5% lower, according to financial disclosures reviewed by CBS News.
- Fact 2: Exxon closed at $163.91 on April 7 before Trump announced the ceasefire that evening and opened at $153.52 the following morning.
- Fact 3: The transaction was one of hundreds of thousands of dollars in purchases and sales involving Exxon, Chevron, ConocoPhillips and other oil and gas companies during the first half of 2026, according to filings with the Office of Government Ethics as reported by CBS News.
- Fact 4: oil majors since 2022.
President Donald Trump’s investment accounts sold between $500,000 and $1 million of ExxonMobil stock on April 7, the same day Trump announced a ceasefire in the Iran war and hours before Exxon shares opened 6.5% lower, according to financial disclosures reviewed by CBS News. Exxon closed at $163.91 on April 7 before Trump announced the ceasefire that evening and opened at $153.52 the following morning.
The transaction was one of hundreds of thousands of dollars in purchases and sales involving Exxon, Chevron, ConocoPhillips and other oil and gas companies during the first half of 2026, according to filings with the Office of Government Ethics as reported by CBS News. Those trades continued through a war that sent oil prices sharply higher and delivered some of the strongest earnings for U.S. oil majors since 2022.
(Original synthesis pending human/AI review — generated by the stub provider by selecting real sentences from the source material, not by writing new analysis or commentary.)