business π Trump sells Exxon stock after ceasefire announcement
Donald Trump's investment accounts sold between $500,000 and $1 million of ExxonMobil stock on April 7. This occurred while Trump announced a ceasefire in the Iran war, and Exxon shares were opening 6.5% lower the next day. During the first half of 2026, numerous trades happened involving major oil companies amidst high oil prices. Exxon and Chevron made a combined $26.5 billion in the second quarter due to the war disruptions. Trump later criticized these companies for making too much money and demanded price cuts.