Oil shock from Iran war led to drop in carbon pollution, scientists say
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Emissions of heat-trapping carbon dioxide from the burning of fossil fuels decreased slightly this year due to the Iran war. I
Directly affected
- No company is named in this report.
Indirectly affected
- ITA iShares U.S. Aerospace & Defense ETF+1.1% 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-3.6% 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-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 “iran” (tanker shipping) in this story.
- XOM ExxonMobil Holdings-2.7% 17d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+3.1% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- OXY Occidental Petroleum+10.3% 18d
Occidental Petroleum (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- COP ConocoPhillips+4.0% 30d
ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (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 | +0.66% | -4.98% | base | +1.05% | after close | after close | after close |
| XAR | -1.08% | -9.46% | base | +0.02% | after close | after close | after close |
| USO | +10.89% | +3.88% | base | -0.84% | after close | after close | after close |
| BWET | +44.12% | +15.72% | base | -10.42% | after close | after close | after close |
| XOM | +7.73% | +0.33% | base | -0.21% | after close | after close | after close |
| CVX | +6.86% | +1.02% | base | +0.16% | after close | after close | after close |
| OXY | +8.33% | +1.02% | base | +1.97% | after close | after close | after close |
| COP | +7.34% | +0.71% | base | +0.80% | 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.
Oil shock from Iran war led to drop in carbon pollution, scientists say PBS
Source: PBS
The price since 10 Nov 2026: IShares U.S. Aerospace & Defense ETF (ITA) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | -10.42% | final price |
| Amplify Commodity Trust (BWET) | three days earlier | +15.72% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +44.12% | final price |
| Conocophillips (COP) | that day | +0.80% | final price |
| Conocophillips (COP) | three days earlier | +0.71% | final price |
| Conocophillips (COP) | five days earlier | +7.34% | final price |
| Chevron (CVX) | that day | +0.16% | final price |
| Chevron (CVX) | three days earlier | +1.02% | final price |
| Chevron (CVX) | five days earlier | +6.86% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | that day | +1.05% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | three days earlier | -4.98% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | five days earlier | +0.66% | final price |
| Occidental Petroleum (OXY) | that day | +1.97% | final price |
| Occidental Petroleum (OXY) | three days earlier | +1.02% | final price |
| Occidental Petroleum (OXY) | five days earlier | +8.33% | final price |
| United States Oil Fund (USO) | that day | -0.84% | 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 |
| XAR | that day | +0.02% | final price |
| XAR | three days earlier | -9.46% | final price |
| XAR | five days earlier | -1.08% | final price |
| ExxonMobil Holdings (XOM) | that day | -0.21% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | +0.33% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +7.73% | 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 27 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 71 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 27 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 48 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 69 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Occidental Petroleum (OXY), worth $100,001 - $250,000 on 21 Aug 2026. That is 81 days before publication. Filed 8 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 76 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 78 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 81 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).
Who gains and who loses around IShares U.S. Aerospace & Defense ETF (ITA)
Companies that tend to gain
- XOM ExxonMobil Holdings
In “Oil shock from Iran war led to drop in carbon pollution, scientists say,” ExxonMobil Holdings (XOM) tends to benefit, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- CVX Chevron
For “Oil shock from Iran war led to drop in carbon pollution, scientists say,” Chevron (CVX) tends to benefit, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- OXY Occidental Petroleum
For “Oil shock from Iran war led to drop in carbon pollution, scientists say,” Occidental Petroleum (OXY) tends to benefit, medium confidence. Reason on file: Occidental Petroleum (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
No up or down call on file
- ITA IShares U.S. Aerospace & Defense ETF
In “Oil shock from Iran war led to drop in carbon pollution, scientists say,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) 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 “Oil shock from Iran war led to drop in carbon pollution, scientists say.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “iran” (tanker shipping) in this story
- COP Conocophillips
For “Oil shock from Iran war led to drop in carbon pollution, scientists say,” Conocophillips (COP) is linked, with no stored direction, medium confidence. Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) 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 “Oil shock from Iran war led to drop in carbon pollution, scientists say.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
IShares U.S. Aerospace & Defense ETF (ITA) and the energy link
IShares U.S. Aerospace & Defense ETF (ITA) is the company in “Oil shock from Iran war led to drop in carbon pollution, scientists say,” the 10 Nov 2026 Energy story.
IShares U.S. Aerospace & Defense ETF (ITA) is on the page because iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story
A second company, Amplify Commodity Trust (BWET), is listed for a different reason: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “iran” (tanker shipping) in this story
The price range for IShares U.S. Aerospace & Defense ETF (ITA), and the dates in the story
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. ITA traded between 197.59 and 218.73 across 20 sessions. The latest close on file is 216.38. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
What the saved facts support for IShares U.S. Aerospace & Defense ETF (ITA)
46 out of 100
“Oil shock from Iran war led to drop in carbon pollution, scientists say” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.