Republican Representative Backs Iran War, Then Cashes Out Chevron Stock At All-Time High

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Investors continue to closely track trading activity in Congress, where the timing of trades, committee roles, and other factors can raise red‑flag concerns about potential conflicts of interest. One lawmaker recently sold several oil‑related stocks at all‑time highs following military actions in Iran.

Congressman David Taylor Ditches Oil Stocks

Members of Congress holding oil stocks have seen their portfolios gain as the U.S. strike on Iran sent oil prices — and energy shares — sharply higher.

Congressman David Taylor (R‑Ohio) chose to cash in, according to a recent financial disclosure. While he also reported new purchases, it’s the well‑timed sales that are likely to draw the most investor attention.

Here are the sales, as reported by Quiver Quantitative:

  • March 12: Sold $1,000 to $15,000 in Chevron (NYSE:CVX) stock
  • March 11: Sold $1,000 to $15,000 in Chevron stock
  • March …

Full story available on Benzinga.com

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