Geopolitics Alpha

Iran oil and gas exports nearly zero, Malaysia EOPL reserves dry up

Published . Updated .

Key takeaways

  • Exposed: UNG, XLE, USO, BWET, EWM
  • Market reaction: price tracking starts with the next trading session.

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ENERGYIran oil and gas exports nearlyzero, Malaysia EOPL reserves dryupGEOPOLITICS ALPHA

This report is about natural gas and oil.

Directly affected

  • No company is named in this report.

Indirectly affected

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

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

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas exports” (natural gas) in this story.

  • USO United States Oil Fund-1.1% 30d

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

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

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

  • EWM iShares MSCI Malaysia ETF-0.6% 6d

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

  • EQT Eqt-5.9% 30d

    Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas exports” (natural gas) in this story.

  • LNG Cheniere Energy+3.1% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas exports” (natural gas) in this story.

  • KMI Kinder Morgan

    Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas exports” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
UNG-9.43%-8.04%baseafter closeafter closeafter closeafter close
XLE+7.65%-0.44%baseafter closeafter closeafter closeafter close
USO+10.89%+3.88%baseafter closeafter closeafter closeafter close
BWET+44.12%+15.72%baseafter closeafter closeafter closeafter close
EWM-1.32%+0.00%baseafter closeafter closeafter closeafter close
EQT+8.66%+1.40%baseafter closeafter closeafter closeafter close
LNG+9.18%-1.92%baseafter closeafter closeafter closeafter close
KMI+7.55%-1.24%baseafter closeafter 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.

Iran oil and gas exports nearly zero, Malaysia EOPL reserves dry up Seatrade Maritime News

Source: Seatrade Maritime News

Price since this story was published: United States Natural Gas Fund (UNG)

CompanyWhenMoveStatus
Amplify Commodity Trust (BWET)three days earlier+15.72%final price
Amplify Commodity Trust (BWET)five days earlier+44.12%final price
Eqt (EQT)three days earlier+1.40%final price
Eqt (EQT)five days earlier+8.66%final price
Ishares (EWM)three days earlier0.00%final price
Ishares (EWM)five days earlier-1.32%final price
Kinder Morgan (KMI)three days earlier-1.24%final price
Kinder Morgan (KMI)five days earlier+7.55%final price
Cheniere Energy (LNG)three days earlier-1.92%final price
Cheniere Energy (LNG)five days earlier+9.18%final price
United States Natural Gas Fund (UNG)three days earlier-8.04%final price
United States Natural Gas Fund (UNG)five days earlier-9.43%final price
United States Oil Fund (USO)three days earlier+3.88%final price
United States Oil Fund (USO)five days earlier+10.89%final price
Select Sector Spdr Tr (XLE)three days earlier-0.44%final price
Select Sector Spdr Tr (XLE)five days earlier+7.65%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).

Companies in energy around United States Natural Gas Fund (UNG)

Companies carried with this story

  • UNG United States Natural Gas Fund

    United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Iran oil and gas exports nearly zero, Malaysia EOPL reserves dry up.” Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas exports” (natural gas) in this story

  • XLE Select Sector Spdr Tr

    In “Iran oil and gas exports nearly zero, Malaysia EOPL reserves dry up,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas exports” (natural gas) in this story

  • USO United States Oil Fund

    United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Iran oil and gas exports nearly zero, Malaysia EOPL reserves dry up.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

  • BWET Amplify Commodity Trust

    Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Iran oil and gas exports nearly zero, Malaysia EOPL reserves dry up.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story

  • EWM Ishares

    Ishares (EWM) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Iran oil and gas exports nearly zero, Malaysia EOPL reserves dry up.” Reason on file: iShares MSCI Malaysia ETF holds stocks listed in Malaysia, which this story is about (“malaysia”)

  • EQT Eqt

    For “Iran oil and gas exports nearly zero, Malaysia EOPL reserves dry up,” Eqt (EQT) is linked, with no stored direction, medium confidence. Reason on file: Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “gas exports” (natural gas) in this story

  • LNG Cheniere Energy

    For “Iran oil and gas exports nearly zero, Malaysia EOPL reserves dry up,” Cheniere Energy (LNG) is linked, with no stored direction, medium confidence. Reason on file: Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “gas exports” (natural gas) in this story

  • KMI Kinder Morgan

    For “Iran oil and gas exports nearly zero, Malaysia EOPL reserves dry up,” Kinder Morgan (KMI) is linked, with no stored direction, medium confidence. Reason on file: Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “gas exports” (natural gas) in this story

How energy news reaches United States Natural Gas Fund (UNG)

“Iran oil and gas exports nearly zero, Malaysia EOPL reserves dry up” (10 Nov 2026) reaches United States Natural Gas Fund (UNG) through Energy.

The link for United States Natural Gas Fund (UNG) is this: United States Natural Gas Fund: it follows natural-gas prices. Linked by “gas exports” (natural gas) in this story

A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “gas exports” (natural gas) in this story

Price levels for United States Natural Gas Fund (UNG)

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 Natural Gas Fund (UNG)

46 out of 100

“Iran oil and gas exports nearly zero, Malaysia EOPL reserves dry up” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.