Geopolitics Alpha

Ted Osius Says Congress Could Use Spending Power to Curb Iran War

Published . Updated .

Key takeaways

  • He also said tariffs would be harder to reverse.
  • Exposed: ITA, XAR, USO, BWET, XOM
  • Market reaction: price tracking starts with the next trading session.

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Ted Osius Says Congress Could Use Spending Power to Curb Iran War

He also said tariffs would be harder to reverse. The Supreme Court ruled Feb. 20, 2026, that IEEPA did not authorize tariffs imposed under that law.

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-4.4% 30d

    SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.

  • XLI Industrial Select Sector SPDR-0.3% 30d

    Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.

  • USO United States Oil Fund+6.3% 30d

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

  • CAT Caterpillar-23.2% 30d

    Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • DE Deere-0.6% 30d

    Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • WMT Walmart+12.9% 30d

    Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • NKE Nike+6.7% 30d

    Nike (rubber and plastics footwear): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ITA-4.02%-3.08%baseafter closeafter closeafter closeafter close
XAR-3.84%-2.83%baseafter closeafter closeafter closeafter close
XLI-1.66%-2.29%baseafter closeafter closeafter closeafter close
USO+5.38%+6.75%baseafter closeafter closeafter closeafter close
CAT+14.53%-0.17%baseafter closeafter closeafter closeafter close
DE-3.81%+1.40%baseafter closeafter closeafter closeafter close
WMT-4.79%-1.04%baseafter closeafter closeafter closeafter close
NKE-3.40%+0.56%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.

Ted Osius Says Congress Could Use Spending Power to Curb Iran War www.tokenpost.com

Source: www.tokenpost.com

Price since this story was published: IShares U.S. Aerospace & Defense ETF (ITA)

CompanyWhenMoveStatus
CATthree days earlier-0.17%final price
CATfive days earlier+14.53%final price
DEthree days earlier+1.40%final price
DEfive days earlier-3.81%final price
IShares U.S. Aerospace & Defense ETF (ITA)three days earlier-3.08%final price
IShares U.S. Aerospace & Defense ETF (ITA)five days earlier-4.02%final price
NKEthree days earlier+0.56%final price
NKEfive days earlier-3.40%final price
United States Oil Fund (USO)three days earlier+6.75%final price
United States Oil Fund (USO)five days earlier+5.38%final price
WMTthree days earlier-1.04%final price
WMTfive days earlier-4.79%final price
Spdr Series Trust (XAR)three days earlier-2.83%final price
Spdr Series Trust (XAR)five days earlier-3.84%final price
XLIthree days earlier-2.29%final price
XLIfive days earlier-1.66%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).

Who gains and who loses around IShares U.S. Aerospace & Defense ETF (ITA)

Companies mentioned with this story

  • ITA IShares U.S. Aerospace & Defense ETF

    For “Ted Osius Says Congress Could Use Spending Power to Curb Iran War,” 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

  • XAR Spdr Series Trust

    For “Ted Osius Says Congress Could Use Spending Power to Curb Iran War,” Spdr Series Trust (XAR) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story

  • USO United States Oil Fund

    For “Ted Osius Says Congress Could Use Spending Power to Curb Iran War,” 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 “iran” (oil) in this story

  • BWET Amplify Commodity Trust

    In “Ted Osius Says Congress Could Use Spending Power to Curb Iran War,” 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 “iran” (tanker shipping) in this story

  • XOM ExxonMobil Holdings

    ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Ted Osius Says Congress Could Use Spending Power to Curb Iran War.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story

  • CVX Chevron

    In “Ted Osius Says Congress Could Use Spending Power to Curb Iran War,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story

  • COP Conocophillips

    For “Ted Osius Says Congress Could Use Spending Power to Curb Iran War,” 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 “iran” (oil) in this story

  • SHEL Shell

    In “Ted Osius Says Congress Could Use Spending Power to Curb Iran War,” Shell (SHEL) is linked, with no stored direction, medium confidence. Reason on file: Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story

How defense news reaches IShares U.S. Aerospace & Defense ETF (ITA)

“Ted Osius Says Congress Could Use Spending Power to Curb Iran War” (4 Nov 2026) reaches IShares U.S. Aerospace & Defense ETF (ITA) through Defense.

The link for IShares U.S. Aerospace & Defense ETF (ITA) is this: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story

A second company, Spdr Series Trust (XAR), is listed for a different reason: SPDR S&P Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story

What this defense story puts on the calendar

ITA traded between 197.59 and 218.73 across 20 sessions. The latest close on file is 216.38. USO traded between 142.51 and 171.80 across 20 sessions. The latest close on file is 158.17. XAR traded between 210.89 and 237.55 across 20 sessions. The latest close on file is 231.04.

The defense score for IShares U.S. Aerospace & Defense ETF (ITA)

46 out of 100

“Ted Osius Says Congress Could Use Spending Power to Curb Iran War” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.