Kia Shares Plunge as Cost Surge Linked to Iran War Hits Profit
Published . Updated .
This report is about defense and oil.
Directly affected
- No company is named in this report.
Indirectly affected
- ITA iShares U.S. Aerospace & Defense ETF-3.0% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.
- XAR SPDR S&P Aerospace & Defense ETF-6.6% 30d
SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.
- USO United States Oil Fund+13.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “iran” (tanker shipping) in this story.
- XOM ExxonMobil Holdings+10.6% 15d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story.
- CVX Chevron+15.7% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story.
- COP ConocoPhillips+4.8% 30d
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story.
- SHEL Shell-2.5% 12d
Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “iran” (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 |
|---|---|---|---|---|---|---|---|
| ITA | -5.65% | -3.85% | base | -2.19% | +0.11% | after close | after close |
| XAR | -7.41% | -4.67% | base | -3.37% | -1.90% | after close | after close |
| USO | +0.80% | -2.73% | base | +0.39% | -6.80% | after close | after close |
| BWET | -4.39% | -4.27% | base | +0.00% | -2.78% | after close | after close |
| XOM | +0.03% | -1.79% | base | +2.24% | -1.85% | after close | after close |
| CVX | +0.78% | -1.37% | base | +1.82% | -1.55% | after close | after close |
| COP | +0.55% | -1.36% | base | +2.70% | -2.08% | after close | after close |
| SHEL | +0.46% | -2.69% | base | +0.97% | -2.53% | 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.
Market Call
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Kia Shares Plunge as Cost Surge Linked to Iran War Hits Profit Bloomberg.com
Source: Bloomberg
Defense
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | 0.00% | final price |
| BWET | the next day | -2.78% | final price |
| BWET | three days earlier | -4.27% | final price |
| BWET | five days earlier | -4.39% | final price |
| COP | that day | +2.70% | final price |
| COP | the next day | -2.08% | final price |
| COP | three days earlier | -1.36% | final price |
| COP | five days earlier | +0.55% | final price |
| CVX | that day | +1.82% | final price |
| CVX | the next day | -1.55% | final price |
| CVX | three days earlier | -1.37% | final price |
| CVX | five days earlier | +0.78% | final price |
| ITA | that day | -2.19% | final price |
| ITA | the next day | +0.11% | final price |
| ITA | three days earlier | -3.85% | final price |
| ITA | five days earlier | -5.65% | final price |
| SHEL | that day | +0.97% | final price |
| SHEL | the next day | -2.53% | final price |
| SHEL | three days earlier | -2.69% | final price |
| SHEL | five days earlier | +0.46% | final price |
| USO | that day | +0.39% | final price |
| USO | the next day | -6.80% | final price |
| USO | three days earlier | -2.73% | final price |
| USO | five days earlier | +0.80% | final price |
| XAR | that day | -3.37% | final price |
| XAR | the next day | -1.90% | final price |
| XAR | three days earlier | -4.67% | final price |
| XAR | five days earlier | -7.41% | final price |
| XOM | that day | +2.24% | final price |
| XOM | the next day | -1.85% | final price |
| XOM | three days earlier | -1.79% | final price |
| XOM | five days earlier | +0.03% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 16 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 60 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 16 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 37 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 58 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 26 Aug 2026. That is 65 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Conocophillips (COP) (held by a spouse), worth $1,001 - $15,000 on 24 Aug 2026. That is 67 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Conocophillips (COP), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 70 days before publication. Filed 8 Oct 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).
How solid the defense case looks
12 out of 100
“Kia Shares Plunge as Cost Surge Linked to Iran War Hits Profit” scores 12 out of 100. The score uses 1 sources.