Lindsey O. Graham Sanctioning Russia and Iran Act of 2026; Implementation (EO 14436)

Directly affected

• GHM Graham

  Named in this report.

Indirectly affected

• FRO Frontline

  Tanker operators earn more when freight rates spike

• INSW International Seaways

  Tanker operators earn more when freight rates spike

• DHT DHT Holdings

  Tanker operators earn more when freight rates spike

• TNK Teekay Tankers

  Tanker operators earn more when freight rates spike

• USO United States Oil Fund

  Oil prices move when Iranian supply is at risk

• XLE Energy Select Sector SPDR

  Energy companies move with Iran supply risk

• 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

• DAL Delta Air Lines

  Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3