Augusta, Maine – While Mainers worry about rising gas prices, Susan Collins is cashing in on the war in Iran. 

 

In case you missed it, new reporting from American Journal News reveals that Collins’ stock portfolio has surged since the war began on February 28 – driven in part by investments in oil and gas companies. 

 

Collins and her husband hold up to $115,000 in natural gas stocks. Between the start of the war and April 1, those investments increased by as much as $24,480.

 

Read more: 

 

American Journal News: Collins, Whatley benefit financially from Iran War oil boom

By Jesse Valentine

April 8, 2026

 

  • Two Republicans competing in marquee Senate races appear to be financially benefiting from the war in Iran.

 

  • Maine Sen. Susan Collins and North Carolina Republican Michael Whatley have both seen their stock portfolios soar since the war began on Feb. 28, largely because of their investments in oil and gas.

 

  • American-produced oil shot up in value after the war disrupted the global oil trade. This has led to a surge in gas prices and increased profits for some oil and gas companies.

 

  • Leo Mariana, a research analyst at Roth Capital Partners, told The Guardian that the war has been a “windfall” for energy investors.

 

  • Among those investors are Collins and her husband, who reported owning up to $115,000 in natural gas stock on her campaign finance disclosures. This includes shares of ConocoPhillips, that hit a 52-week high on March 26.

 

  • Between the start of the war and April 1, Collins profited by up to $24,480 from these investments.

 

  • Both Whatley and Collins have expressed support for the war in Iran, a stance that risks putting them out of step with most voters. A Pew Research Center survey from March found that 61% of voters don’t support the conflict.

 

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