President Trump signs an executive order at the White House — 8/3/2026

Watch on YouTube ↗  |  August 03, 2026 at 18:57  |  55:59  |  CNBC
Speakers
Donald Trump — President of the United States

Summary

President Trump signs an executive order establishing a Presidential Military Spouse Commission to address challenges in housing, employment, healthcare, and child care for military families. He also discusses negotiations with Iran over the Strait of Hormuz and denuclearization, and criticizes Exxon and Chevron for record profits while predicting oil prices will fall after a resolution with Iran.

  • President Trump signs executive order creating a commission for military spouse quality of life improvements.
  • Commission will be chaired by Jennifer Hegseth and include spouses of service secretaries and joint chiefs.
  • Trump says Iran talks are ongoing, focusing first on opening the Strait of Hormuz, then denuclearization.
  • Trump warns Iran that a massive attack was planned and this is a 'last chance' for a deal.
  • Trump criticizes Exxon and Chevron for record profits and expects oil prices to drop after Iran resolution.
  • Trump comments on UK North Sea oil, saying the UK could be wealthy if it opens drilling.
  • Trump asserts Washington DC has undergone a renaissance with reduced crime and restored monuments.
Ideas
Donald Trump President of the United States 31:22
Oil majors face price drops, margin pressure
Avoid WTI/oil exposure: Trump predicts oil prices will drop sharply after the Iran situation and criticizes oil major profits; bearish view but no explicit short/puts/actionable short call.
WTI MED
Donald Trump President of the United States 31:22
Oil majors face price drops, margin pressure
Avoid XOM: Trump says Exxon/Chevron are making too much money, should cut retail fuel prices, and may face pressure if oil falls; bearish/regulatory risk but no explicit short/puts/actionable short call.
XOM MED
Donald Trump President of the United States 31:22
Oil majors face price drops, margin pressure
Avoid CVX: Trump says Exxon/Chevron are making too much money, should cut retail fuel prices, and may face pressure if oil falls; bearish/regulatory risk but no explicit short/puts/actionable short call.
CVX MED
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This CNBC video, published August 03, 2026, features Donald Trump discussing WTI, XOM, CVX. 3 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Donald Trump  · Tickers: WTI, XOM, CVX