Geopolitics Alpha

Drone strike on ship in Romanian waters raises fear that war in Ukraine is spreading

Published . Updated .

Drone strike on ship in Romanian waters raises fear that war in Ukraine is spreading PBS

Directly affected

  • WAT Waters

    Named in this report.

Indirectly affected

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • NOC Northrop Grumman

    Defense contractors get more work when conflict spending rises

  • XLE Energy Select Sector SPDR

    Energy prices move when Russian supply is at risk

  • GD General Dynamics

    Defense contractors get more work when conflict spending rises

  • ITA iShares U.S. Aerospace & Defense

    A fund of aerospace and defense companies

  • USO United States Oil Fund

    This fund moves with oil prices

  • WEAT Teucrium Wheat

    Wheat prices rise when Black Sea grain is disrupted

  • MOS Mosaic

    Fertilizer makers move with Russian supply

  • CF CF Industries

    Fertilizer makers move with Russian supply

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
WAT———————
LMT———————
RTX———————
NOC———————
XLE———————
GD———————
ITA———————
USO———————
WEAT———————
MOS———————
CF———————

Drone strike on ship in Romanian waters raises fear that war in Ukraine is spreading PBS

Source: PBS

Defense

SPY
XLI

How solid the defense case looks

25 out of 100

“Drone strike on ship in Romanian waters raises fear that war in Ukraine is spreading” scores 25 out of 100. The score uses 2 sources.