ExxonMobil (NYSE:XOM) is one of the top energy names in President Donald Trump's financial disclosures from earlier this year. Exxon benefits directly from rising oil prices amid the Iran war. The Bull CaseExxon's balance sheet gives it room to lean into higher prices. The IEA sees global oil demand softening this year, and even OPEC, which tends to run more optimistic, trimmed its own demand growth forecast. Chevron is still digesting the Hess deal, carries exposure to politically volatile Venezuela, and trades at a higher earnings multiple than Exxon right now.