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LATEST

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Commodities

Trump Complained About Big Oil Profits, But Dumped Exxon Stock on Ceasefire Day

Oilprice.com · 1h ago · 🇺🇸 United States

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. The transaction was one of hundreds of thousands of dollars in purchases and sales involving Exxon, Chevron, ConocoPhillips and other oil…

Read the full story at Oilprice.com →

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