Geopolitics Alpha

Climate Change May Be The Greatest Cause Of Inflation

Published . Updated .

Key takeaways

  • Oil prices are up because of the Middle East.
  • Exposed: TIP, XLP, WMT, COST, PG
  • Market reaction: TIP −0.2% on the day (still updating); XLP +0.1% on the day (still updating); COST +1.2% on the day

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

Climate Change May Be The Greatest Cause Of Inflation

Oil prices are up because of the Middle East. But that will be resolved. What won’t be resolved is the effect of global warming on the prices of many things, from cattle to grain to coffee to bananas....

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 “oil” (oil) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

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

  • DBA Invesco DB Agriculture Fund-6.1% 30d

    Invesco DB Agriculture Fund: it follows farm commodity prices. Linked by “grain” (grains and farm goods) in this story.

  • XOM ExxonMobil Holdings-2.7% 17d

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

  • CVX Chevron+3.0% 30d

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

  • COP ConocoPhillips+5.4% 19d

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

  • SHEL Shell+2.7% 10d

    Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • ADM Archer-Daniels-Midland-15.0% 30d

    Archer-Daniels-Midland (fats and oils): crop traders and farm suppliers move with grain prices and trade. Linked by “grain” (grains and farm goods) 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
DBA+2.60%+1.24%base-0.11%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-1.29%after closeafter closeafter close
SHEL+5.91%+2.77%base-0.22%after closeafter closeafter close
ADM+8.25%+1.20%base-0.24%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.

Climate Change May Be The Greatest Cause Of Inflation Yahoo

Source: Yahoo

Price since this story was published: Ishares Tr (TIP)

CompanyWhenMoveStatus
ADMthat day-0.24%final price
ADMthree days earlier+1.20%final price
ADMfive days earlier+8.25%final price
COPthat day-1.29%final price
COPthree days earlier+0.44%final price
COPfive days earlier+7.74%final price
CVXthat day-1.18%final price
CVXthree days earlier+2.05%final price
CVXfive days earlier+7.15%final price
DBAthat day-0.11%final price
DBAthree days earlier+1.24%final price
DBAfive days earlier+2.60%final price
SHELthat day-0.22%final price
SHELthree days earlier+2.77%final price
SHELfive days earlier+5.91%final price
USOthat day-3.90%final price
USOthree days earlier-2.06%final price
USOfive days earlier+5.62%final price
XLEthat day+0.56%final price
XLEthree days earlier+3.08%final price
XLEfive days earlier+9.12%final price
XOMthat day-0.67%final price
XOMthree days earlier+2.16%final price
XOMfive 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).

Where “Climate Change May Be The Greatest Cause Of Inflation” sits: Middle East

Middle East

Geopolitics Alpha has 0 stories about Middle East from the past 7 days and 0 stories from the past 30. “Climate Change May Be The Greatest Cause Of Inflation” is tagged to Middle East.

Who gains and who loses around Ishares Tr (TIP)

Companies mentioned with this story

  • TIP Ishares Tr

    In “Climate Change May Be The Greatest Cause Of Inflation,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • XLP Select Sector Spdr Tr

    In “Climate Change May Be The Greatest Cause Of Inflation,” Select Sector Spdr Tr (XLP) is linked, with no stored direction, medium confidence. Reason on file: Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • WMT Walmart

    For “Climate Change May Be The Greatest Cause Of Inflation,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • COST Costco Wholesale

    Costco Wholesale (COST) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Climate Change May Be The Greatest Cause Of Inflation.” Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • PG Procter & Gamble

    In “Climate Change May Be The Greatest Cause Of Inflation,” Procter & Gamble (PG) is linked, with no stored direction, medium confidence. Reason on file: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • KO Coca Cola

    Coca Cola (KO) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Climate Change May Be The Greatest Cause Of Inflation.” Reason on file: The Coca-Cola (beverages): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

How a Middle East shock reaches Ishares Tr (TIP)

On 9 Nov 2026, “Climate Change May Be The Greatest Cause Of Inflation” is the story that connects Ishares Tr (TIP) to Middle East.

What ties Ishares Tr (TIP) to the headline is this: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

Select Sector Spdr Tr (XLP) is here too. Its reason reads: Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

Dates and price levels for Ishares Tr (TIP)

TIP traded between 103.77 and 105.61 across 16 sessions. The latest close on file is 105.27. WMT traded between 108.59 and 130.92 across 20 sessions. The latest close on file is 129.23. XLP traded between 80.10 and 82.50 across 6 sessions. The latest close on file is 81.02.

What the saved facts support for Ishares Tr (TIP)

46 out of 100

“Climate Change May Be The Greatest Cause Of Inflation” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.