Geopolitics Alpha

Canada announces new sanctions against Russia

Published . Updated .

Key takeaways

  • Canadian Foreign Minister Anita Anand announced on Monday, November 9, that Canada is imposing additional sanctions on Russia.
  • Exposed: USO, XLE, UNG, BWET, EWC
  • Market reaction: USO −3.9% on the day; XLE +0.6% on the day; BWET −13.6% on the day

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Canada announces new sanctions against Russia

Canadian Foreign Minister Anita Anand announced on Monday, November 9, that Canada is imposing additional sanctions on Russia. — Ukrinform.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund-1.1% 30d

    United States Oil Fund: its price follows crude oil. Linked by “russia” (oil) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “russia” (oil) in this story.

  • UNG United States Natural Gas Fund-13.5% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “russia” (natural gas) in this story.

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “russia” (tanker shipping) in this story.

  • EWC iShares MSCI Canada ETF+0.9% 30d

    iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”).

  • XOM ExxonMobil Holdings-2.7% 17d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russia” (oil) in this story.

  • CVX Chevron+3.0% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russia” (oil) in this story.

  • COP ConocoPhillips+5.4% 19d

    ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russia” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+5.62%-2.06%base-3.90%after closeafter closeafter close
XLE+9.12%+3.08%base+0.56%after closeafter closeafter close
UNG-3.53%-0.64%base+8.24%after closeafter closeafter close
BWET+35.08%+5.02%base-13.59%after closeafter closeafter close
EWC+1.43%+3.07%base+1.93%after closeafter closeafter close
XOM+8.37%+2.16%base-0.67%after closeafter closeafter close
CVX+7.15%+2.05%base-1.18%after closeafter closeafter close
COP+7.74%+0.44%base-1.31%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Canada announces new sanctions against Russia Ukrinform

Source: Ukrinform

The price since 9 Nov 2026: United States Oil Fund (USO) versus the S&P 500

CompanyWhenMoveStatus
Amplify Commodity Trust (BWET)that day-13.59%final price
Amplify Commodity Trust (BWET)three days earlier+5.02%final price
Amplify Commodity Trust (BWET)five days earlier+35.08%final price
COPthat day-1.31%final price
COPthree days earlier+0.44%final price
COPfive days earlier+7.74%final price
Chevron (CVX)that day-1.18%final price
Chevron (CVX)three days earlier+2.05%final price
Chevron (CVX)five days earlier+7.15%final price
Ishares Msci Canada Etf (EWC)that day+1.93%final price
Ishares Msci Canada Etf (EWC)three days earlier+3.07%final price
Ishares Msci Canada Etf (EWC)five days earlier+1.43%final price
United States Natural Gas Fund (UNG)that day+8.24%final price
United States Natural Gas Fund (UNG)three days earlier-0.64%final price
United States Natural Gas Fund (UNG)five days earlier-3.53%final price
United States Oil Fund (USO)that day-3.90%final price
United States Oil Fund (USO)three days earlier-2.06%final price
United States Oil Fund (USO)five days earlier+5.62%final price
Select Sector Spdr Tr (XLE)that day+0.56%final price
Select Sector Spdr Tr (XLE)three days earlier+3.08%final price
Select Sector Spdr Tr (XLE)five days earlier+9.12%final price
ExxonMobil Holdings (XOM)that day-0.67%final price
ExxonMobil Holdings (XOM)three days earlier+2.16%final price
ExxonMobil Holdings (XOM)five days earlier+8.37%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around United States Oil Fund (USO)

Companies carried with this story

  • USO United States Oil Fund

    United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Canada announces new sanctions against Russia.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “russia” (oil) in this story

  • XLE Select Sector Spdr Tr

    In “Canada announces new sanctions against Russia,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “russia” (oil) in this story

  • UNG United States Natural Gas Fund

    United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Canada announces new sanctions against Russia.” Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “russia” (natural gas) in this story

  • BWET Amplify Commodity Trust

    For “Canada announces new sanctions against Russia,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “russia” (tanker shipping) in this story

  • EWC Ishares Msci Canada Etf

    Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Canada announces new sanctions against Russia.” Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”)

  • XOM ExxonMobil Holdings

    For “Canada announces new sanctions against Russia,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russia” (oil) in this story

  • CVX Chevron

    For “Canada announces new sanctions against Russia,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russia” (oil) in this story

  • SU Suncor Energy

    For “Canada announces new sanctions against Russia,” Suncor Energy (SU) is linked, with no stored direction, medium confidence. Reason on file: Suncor Energy (petroleum refining, with business in Canada): oil producers' profits rise and fall with crude prices. Linked by “russia” (oil) in this story

How “Canada announces new sanctions against Russia” reaches United States Oil Fund (USO)

The 9 Nov 2026 story “Canada announces new sanctions against Russia” names United States Oil Fund (USO) because of this story.

What ties United States Oil Fund (USO) to the headline is this: United States Oil Fund: its price follows crude oil. Linked by “russia” (oil) in this story

Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: its price follows crude oil. Linked by “russia” (oil) in this story

Dates and price levels for United States Oil Fund (USO)

UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.34. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.

What the saved facts support for United States Oil Fund (USO)

46 out of 100

“Canada announces new sanctions against Russia” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.