President Donald Trump’s oil and gas investments have gained millions of dollars during the first six months of the war with Iran, even as US forces have suffered military losses and the conflict has pushed up the cost of energy and military operations.
A CNBC analysis of Trump’s annual financial disclosure, quarterly corporate reports and FactSet market data found that his nine largest oil and gas holdings gained between $1.5 million and $4.4 million between the start of hostilities and August 31.