"Insiders at leading oil and gas companies have made millions from stocks since the Iran war began."
"Top U.S. oil and gas executives have sold hundreds of millions of dollars’ worth of stock in their own companies since the Iran war triggered a supply crunch that sent energy prices soaring, according to a new analysis shared with The New York Times.
Insiders have sold almost $400 million in fossil fuel company stocks in the months since the start of the war, researchers at the environmental nonprofit group Friends of the Earth found. Share prices in the companies rose after the United States and Israel first attacked Iran. Executives at ConocoPhillips reported the highest sales, totaling $96 million. Senior leaders at the natural gas exporters Cheniere Energy and Venture Global came in second and third.
For all three companies, the value of executives’ total stock sales in the months since the start of the war is already higher than it was for all of 2025. (Diamondback Energy also reported high insider sales, but the analysis determined they were largely unrelated to the war.)
The figures were compiled from documents filed with the Securities and Exchange Commission when insiders like executives, board members or major shareholders at public companies buy or sell stakes in their firms."
