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The Economic Times

Top News / The Economic Times

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Trump's oil portfolio up 43% amid Big Oil windfall, pain at the pump

Major oil companies, including ExxonMobil, Chevron, and Shell, reported higher earnings in the third quarter. This comes as the conflict in Iran leads to increased fuel prices for American consumers. Trump's investments in oil and gas stocks have significantly appreciated during this time. More than 94% of his oil stock purchases occurred after the conflict began. Rising fuel prices serve as a crucial issue ahead of the upcoming midterm elections.

31 Oct 2026 8:59 pm