EU Court Rejects Russian Billionaire German Khan’s Sanctions Appeal
Published . Updated .
Key takeaways
- The European Union’s top court has dismissed an appeal by billionaire German Khan, a co-founder of Russia’s Alfa Group, upholding a lower court ruling that found sufficient grounds to keep him under EU sanctions.
- Exposed: USO, XLE, UNG, BWET, EWG
- Market reaction: USO +3.4% on the day; XLE +1.5% on the day; BWET +5.3% on the day
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The European Union’s top court has dismissed an appeal by billionaire German Khan, a co-founder of Russia’s Alfa Group, upholding a lower court ruling that found sufficient grounds to keep him under EU sanctions.
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 “russian” (oil) in this story.
- XLE Energy Select Sector SPDR+7.5% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “russian” (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 “russian” (natural gas) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “russian” (tanker shipping) in this story.
- EWG iShares MSCI Germany ETF-2.5% 13d
iShares MSCI Germany ETF holds stocks listed in Germany, which this story is about (“german”).
- VGK Vanguard FTSE Europe ETF
Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eu”).
- SHEL Shell+0.8% 7d
Shell (crude petroleum and natural gas, with business in Europe): oil producers' profits rise and fall with crude prices. Linked by “russian” (oil) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russian” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +4.74% | +0.82% | base | +3.43% | after close | after close | after close |
| XLE | -2.64% | -2.21% | base | +1.50% | after close | after close | after close |
| UNG | -9.22% | -1.27% | base | +2.65% | after close | after close | after close |
| BWET | +23.15% | +6.41% | base | +5.26% | after close | after close | after close |
| EWG | -0.60% | +0.02% | base | -0.43% | after close | after close | after close |
| VGK | -1.21% | +0.58% | base | -0.61% | after close | after close | after close |
| SHEL | +2.32% | +1.03% | base | +0.72% | after close | after close | after close |
| XOM | -0.81% | -1.14% | base | +1.84% | after close | after close | after 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.
EU Court Rejects Russian Billionaire German Khan’s Sanctions Appeal The Moscow Times
Source: The Moscow Times
The price since 12 Nov 2026: United States Oil Fund (USO) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | +5.26% | final price |
| Amplify Commodity Trust (BWET) | three days earlier | +6.41% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +23.15% | final price |
| Ishares (EWG) | that day | -0.43% | final price |
| Ishares (EWG) | three days earlier | +0.02% | final price |
| Ishares (EWG) | five days earlier | -0.60% | final price |
| Shell (SHEL) | that day | +0.72% | final price |
| Shell (SHEL) | three days earlier | +1.03% | final price |
| Shell (SHEL) | five days earlier | +2.32% | final price |
| United States Natural Gas Fund (UNG) | that day | +2.65% | final price |
| United States Natural Gas Fund (UNG) | three days earlier | -1.27% | final price |
| United States Natural Gas Fund (UNG) | five days earlier | -9.22% | final price |
| United States Oil Fund (USO) | that day | +3.43% | final price |
| United States Oil Fund (USO) | three days earlier | +0.82% | final price |
| United States Oil Fund (USO) | five days earlier | +4.74% | final price |
| Vanguard Intl Equity Index F (VGK) | that day | -0.61% | final price |
| Vanguard Intl Equity Index F (VGK) | three days earlier | +0.58% | final price |
| Vanguard Intl Equity Index F (VGK) | five days earlier | -1.21% | final price |
| Select Sector Spdr Tr (XLE) | that day | +1.50% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | -2.21% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | -2.64% | final price |
| ExxonMobil Holdings (XOM) | that day | +1.84% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | -1.14% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | -0.81% | final price |
Congressional stock trades in United States Oil Fund (USO)
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 29 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 73 days before publication. Filed 25 Sep 2026. View the filing.
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 tied to this story
- USO United States Oil Fund
For “EU Court Rejects Russian Billionaire German Khan’s Sanctions Appeal,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “russian” (oil) in this story
- XLE Select Sector Spdr Tr
For “EU Court Rejects Russian Billionaire German Khan’s Sanctions Appeal,” 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 “russian” (oil) in this story
- UNG United States Natural Gas Fund
For “EU Court Rejects Russian Billionaire German Khan’s Sanctions Appeal,” United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence. Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “russian” (natural gas) in this story
- BWET Amplify Commodity Trust
For “EU Court Rejects Russian Billionaire German Khan’s Sanctions Appeal,” 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 “russian” (tanker shipping) in this story
- EWG Ishares
For “EU Court Rejects Russian Billionaire German Khan’s Sanctions Appeal,” Ishares (EWG) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Germany ETF holds stocks listed in Germany, which this story is about (“german”)
- VGK Vanguard Intl Equity Index F
For “EU Court Rejects Russian Billionaire German Khan’s Sanctions Appeal,” Vanguard Intl Equity Index F (VGK) is linked, with no stored direction, medium confidence. Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eu”)
- SHEL Shell
For “EU Court Rejects Russian Billionaire German Khan’s Sanctions Appeal,” Shell (SHEL) is linked, with no stored direction, medium confidence. Reason on file: Shell (crude petroleum and natural gas, with business in Europe): oil producers' profits rise and fall with crude prices. Linked by “russian” (oil) in this story
- XOM ExxonMobil Holdings
For “EU Court Rejects Russian Billionaire German Khan’s Sanctions Appeal,” 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 “russian” (oil) in this story
United States Oil Fund (USO)
On 12 Nov 2026, “EU Court Rejects Russian Billionaire German Khan’s Sanctions Appeal” is the story that connects United States Oil Fund (USO) to this story.
The link for United States Oil Fund (USO) is this: United States Oil Fund: its price follows crude oil. Linked by “russian” (oil) in this story
A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: Energy Select Sector SPDR: its price follows crude oil. Linked by “russian” (oil) in this story
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.
A simple score for United States Oil Fund (USO)
46 out of 100
“EU Court Rejects Russian Billionaire German Khan’s Sanctions Appeal” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.