IBA urges member states to protect ICC following US sanctions

Published 13 Oct 2026, 06:14 UTC. Updated 13 Oct 2026, 11:55 UTC.

IBA urges member states to protect ICC following US sanctions The Global Legal Post

Directly affected

No company is named in this report.

Indirectly affected

XLE Energy Select Sector SPDR
Energy prices move when sanctioned supply is blocked
USO United States Oil Fund
This fund moves with oil prices
XOM Exxon Mobil
Oil producers move when sanctioned barrels leave the market
CVX Chevron
Oil producers move when sanctioned barrels leave the market
SLB SLB
Oilfield work in sanctioned regions can be cut off
GLD SPDR Gold Shares
Gold is a usual haven when a conflict or sanction escalates
LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
SPY SPDR S&P 500
The broad market moves when a major sanction lands
CPER UNITED STATES COPPER INDEX FUND
GA selected CPER as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
KBE SPDR SER TR STATE STREET SPDR S&P BK ETF
GA selected KBE as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

Ticker	T-5	T-3	T-1	T0	T+1	T+2	T+3
XLE	—	—	—	—	—	—	—
USO	—	—	—	—	—	—	—
XOM	—	—	—	—	—	—	—
CVX	-3.45%	-1.61%	—	+1.30%	+3.29%	+2.02%	+4.63%
SLB	+2.52%	+0.45%	—	+0.00%	-0.47%	-0.84%	+1.52%
GLD	+0.03%	-0.93%	—	-0.14%	-1.62%	+0.13%	-0.03%
LMT	-0.43%	-0.82%	—	-1.60%	+1.95%	+4.06%	+7.83%
SPY	—	—	—	—	—	—	—
CPER	—	—	—	—	—	—	—
KBE	+0.80%	+0.27%	—	-0.67%	-1.37%	+0.27%	+0.43%

IBA urges member states to protect ICC following US sanctions The Global Legal Post

Source: The Global Legal Post

United States Commodity Index Funds Trust (CPER) since this story, compared with the market

Since the first closing price after “IBA urges member states to protect ICC following US sanctions,” United States Commodity Index Funds Trust (CPER) is -0.20%. The S&P 500 fund (SPY) is -0.40% over the same days, a +0.19% difference versus the market.

Company	When	Move	Status
CVX	that day	+1.30%	final price
CVX	the next day	+3.29%	final price
CVX	two days later	+2.02%	final price
CVX	three days later	+4.63%	final price
CVX	three days earlier	-1.61%	final price
CVX	five days earlier	-3.45%	final price
GLD	that day	-0.14%	final price
GLD	the next day	-1.62%	final price
GLD	two days later	+0.13%	final price
GLD	three days later	-0.03%	final price
GLD	three days earlier	-0.93%	final price
GLD	five days earlier	+0.03%	final price
Spdr Ser Tr State Street Spdr S&P Bk Etf (KBE)	that day	-0.67%	final price
Spdr Ser Tr State Street Spdr S&P Bk Etf (KBE)	the next day	-1.37%	final price
Spdr Ser Tr State Street Spdr S&P Bk Etf (KBE)	two days later	+0.27%	final price
Spdr Ser Tr State Street Spdr S&P Bk Etf (KBE)	three days later	+0.43%	final price
Spdr Ser Tr State Street Spdr S&P Bk Etf (KBE)	three days earlier	+0.27%	final price
Spdr Ser Tr State Street Spdr S&P Bk Etf (KBE)	five days earlier	+0.80%	final price
LMT	that day	-1.60%	final price
LMT	the next day	+1.95%	final price
LMT	two days later	+4.06%	final price
LMT	three days later	+7.83%	final price
LMT	three days earlier	-0.82%	final price
LMT	five days earlier	-0.43%	final price
SLB	that day	0.00%	final price
SLB	the next day	-0.47%	final price
SLB	two days later	-0.84%	final price
SLB	three days later	+1.52%	final price
SLB	three days earlier	+0.45%	final price
SLB	five days earlier	+2.52%	final price

CPER

SPY

Who gains and who loses around United States Commodity Index Funds Trust (CPER)

Companies carried with this story

CPER United States Commodity Index Funds Trust
United States Commodity Index Funds Trust (CPER) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “IBA urges member states to protect ICC following US sanctions.” Reason on file: GA selected CPER as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
KBE Spdr Ser Tr State Street Spdr S&P Bk Etf
Spdr Ser Tr State Street Spdr S&P Bk Etf (KBE) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “IBA urges member states to protect ICC following US sanctions.” Reason on file: GA selected KBE as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
SPY Spdr S&P 500 Etf Trust
Spdr S&P 500 Etf Trust (SPY) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “IBA urges member states to protect ICC following US sanctions.” Reason on file: GA selected SPY as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
UGA United States Gasoline Fund
United States Gasoline Fund (UGA) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “IBA urges member states to protect ICC following US sanctions.” Reason on file: GA selected UGA as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “IBA urges member states to protect ICC following US sanctions.” Reason on file: GA selected USO as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
XHB State Street Spdr S&P Homebuilders Etf
State Street Spdr S&P Homebuilders Etf (XHB) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “IBA urges member states to protect ICC following US sanctions.” Reason on file: GA selected XHB as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

United States Commodity Index Funds Trust (CPER)

The 13 Oct 2026 story “IBA urges member states to protect ICC following US sanctions” names United States Commodity Index Funds Trust (CPER) because of this story.

What ties United States Commodity Index Funds Trust (CPER) to the headline is this: GA selected CPER as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Spdr Ser Tr State Street Spdr S&P Bk Etf (KBE) is here too. Its reason reads: GA selected KBE as a RELATED security because its canonical security name directly matches this event's themes: states. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Price levels for United States Commodity Index Funds Trust (CPER)

CPER traded between 39.20 and 41.49 across 20 sessions. The latest close on file is 39.58. KBE traded between 61.81 and 66.63 across 20 sessions. The latest close on file is 63.14. SPY traded between 758.80 and 781.59 across 20 sessions. The latest close on file is 766.60.

A simple score for United States Commodity Index Funds Trust (CPER)

46 out of 100

“IBA urges member states to protect ICC following US sanctions” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.