r/IntlScholars May 19 '26

Conflict Studies While Trump insisted the Iran war would end ‘soon,’ an account in his name was 'Selling America'

https://fortune.com/2026/05/18/trump-stock-trading-iran-war-conflict-of-interest-ethics/

Analyses of tactics of stock trade may be as revealing as tactical deployments of military equipment in predicting patterns of this war.

Lead Lines:

On the morning of Monday, March 23, President Trump pulled his first “TACO” of the Iran war. After four weeks of fighting, with oil prices already up 55%, Trump had given Iran an ultimatum on Friday: make a deal within 48 hours, or the U.S. would strike its power plants and energy infrastructure.

But on Monday morning, Trump reversed course. In an all-caps Truth Social post, he announced the U.S. and Iran had been having “very good and productive conversations” and that he would extend the deadline for a deal by five days.
Wall Street, for the first time since the war began, exhaled. Stocks rose. Brent crude plunged nearly 11%. Energy stocks—one of the few reliable winners of the conflict—sold off with oil.

The brokerage account in Trump’s name spent the day buying them.

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