President Donald Trump’s investment accounts continued trading oil and gas stocks while he oversaw the U.S. conflict with Iran, including purchases totaling up to $3.6 million during the first quarter of 2026 and up to $5 million across three stocks in June, according to financial disclosures. Transaction reports filed with the Office of Government Ethics show thousands of trades, with particular attention to Chevron and ExxonMobil. Trump’s oil and gas holdings rose by an average of 39% from the end of 2025, potentially adding as much as $15.5 million to his net worth. The disclosures have renewed conflict-of-interest questions because Trump criticized the companies while retaining individual stocks and has not placed his assets in a blind trust. The White House says third-party institutions independently manage his discretionary accounts through computer-based model portfolios and that neither Trump nor his family directs trading decisions.