Geopolitics Alpha

Switzerland has joined the EU's new package of sanctions against Russia and Belarus

Published . Updated .

Key takeaways

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

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GEOPOLITICS ALPHASwitzerland has joined the EU'snew package of sanctions againstRussia and BelarusGEOPOLITICS ALPHA

This report is about oil and natural gas.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+6.3% 30d

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

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “russia” (oil) in this story.

  • UNG United States Natural Gas Fund-16.0% 30d

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

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

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

  • EWL iShares MSCI Switzerland ETF

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

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eu”).

  • XOM ExxonMobil Holdings+2.0% 16d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russia” (oil) in this story.

  • CVX Chevron+9.6% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russia” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+15.71%+7.84%baseafter closeafter closeafter closeafter close
XLE+8.14%+5.85%baseafter closeafter closeafter closeafter close
UNG-1.02%-2.91%baseafter closeafter closeafter closeafter close
BWET+32.30%+28.62%baseafter closeafter closeafter closeafter close
EWL-3.64%-2.31%baseafter closeafter closeafter closeafter close
VGK-2.35%-2.42%baseafter closeafter closeafter closeafter close
XOM+8.08%+6.08%baseafter closeafter closeafter closeafter close
CVX+6.66%+5.01%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.

Switzerland has joined the EU's new package of sanctions against Russia and Belarus UA.NEWS

Source: UA.NEWS

The price since 5 Nov 2026: United States Oil Fund (USO) versus the S&P 500

CompanyWhenMoveStatus
Amplify Commodity Trust (BWET)three days earlier+28.62%final price
Amplify Commodity Trust (BWET)five days earlier+32.30%final price
CVXthree days earlier+5.01%final price
CVXfive days earlier+6.66%final price
Ishares (EWL)three days earlier-2.31%final price
Ishares (EWL)five days earlier-3.64%final price
United States Natural Gas Fund (UNG)three days earlier-2.91%final price
United States Natural Gas Fund (UNG)five days earlier-1.02%final price
United States Oil Fund (USO)three days earlier+7.84%final price
United States Oil Fund (USO)five days earlier+15.71%final price
Vanguard Intl Equity Index F (VGK)three days earlier-2.42%final price
Vanguard Intl Equity Index F (VGK)five days earlier-2.35%final price
Select Sector Spdr Tr (XLE)three days earlier+5.85%final price
Select Sector Spdr Tr (XLE)five days earlier+8.14%final price
ExxonMobil Holdings (XOM)three days earlier+6.08%final price
ExxonMobil Holdings (XOM)five days earlier+8.08%final price

Congressional trades 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).

Who gains and who loses around United States Oil Fund (USO)

Companies tied to this story

  • USO United States Oil Fund

    For “Switzerland has joined the EU's new package of sanctions against Russia and Belarus,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “russia” (oil) in this story

  • XLE Select Sector Spdr Tr

    For “Switzerland has joined the EU's new package of sanctions against Russia and Belarus,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “russia” (oil) in this story

  • UNG United States Natural Gas Fund

    United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Switzerland has joined the EU's new package of sanctions against Russia and Belarus.” Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “russia” (natural gas) in this story

  • BWET Amplify Commodity Trust

    For “Switzerland has joined the EU's new package of sanctions against Russia and Belarus,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “russia” (tanker shipping) in this story

  • EWL Ishares

    For “Switzerland has joined the EU's new package of sanctions against Russia and Belarus,” Ishares (EWL) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Switzerland ETF holds stocks listed in Switzerland, which this story is about (“switzerland”)

  • VGK Vanguard Intl Equity Index F

    In “Switzerland has joined the EU's new package of sanctions against Russia and Belarus,” Vanguard Intl Equity Index F (VGK) is linked, with no stored direction, medium confidence. Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eu”)

  • SHEL Shell

    In “Switzerland has joined the EU's new package of sanctions against Russia and Belarus,” Shell (SHEL) is linked, with no stored direction, medium confidence. Reason on file: Shell (crude petroleum and natural gas, with business in Europe): oil producers' profits rise and fall with crude prices. Linked by “russia” (oil) in this story

  • XOM ExxonMobil Holdings

    In “Switzerland has joined the EU's new package of sanctions against Russia and Belarus,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “russia” (oil) in this story

United States Oil Fund (USO)

On 5 Nov 2026, “Switzerland has joined the EU's new package of sanctions against Russia and Belarus” is the story that connects United States Oil Fund (USO) to this story.

The link for United States Oil Fund (USO) is this: United States Oil Fund: its price follows crude oil. Linked by “russia” (oil) in this story

Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: its price follows crude oil. Linked by “russia” (oil) in this story

The price range for United States Oil Fund (USO), and the dates in the story

UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.12. USO traded between 142.51 and 171.80 across 20 sessions. The latest close on file is 158.17. 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 Oil Fund (USO)

46 out of 100

“Switzerland has joined the EU's new package of sanctions against Russia and Belarus” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.