Geopolitics Alpha

Trump approval rating hits career low of 32% amid Iran war, high costs

Published . Updated .

Republican support for Trump dips to 73 percent, down from 82 percent, as war and inflation concerns dominate polls.

Directly affected

  • No company is 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

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • DAL Delta Air Lines

    Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FRO———————
INSW———————
DHT———————
TNK———————
USO———————
XLE———————
LMT———————
RTX———————
XOM———————
DAL———————

Republican support for Trump dips to 73 percent, down from 82 percent, as war and inflation concerns dominate polls.

Source: Al Jazeera World

How far United States Gasoline Fund (UGA) has moved since 21 Sep 2026

Since the first closing price after “Trump approval rating hits career low of 32% amid Iran war, high costs,” United States Gasoline Fund (UGA) is +0.02%. The S&P 500 fund (SPY) is -0.88% over the same days, a +0.91% difference versus the market. industrial stocks (XLI) is -2.10%, a +2.12% difference versus that group of stocks.

UGA
SPY
XLI

Companies in defense around United States Gasoline Fund (UGA)

Companies mentioned with this story

  • UGA United States Gasoline Fund

    In “Trump approval rating hits career low of 32% amid Iran war, high costs,” United States Gasoline Fund (UGA) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • GSG iShares S&P GSCI Commodity-Indexed Trust

    In “Trump approval rating hits career low of 32% amid Iran war, high costs,” iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • DBA Invesco Db Agriculture Fund

    For “Trump approval rating hits career low of 32% amid Iran war, high costs,” Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • MOO Vaneck Etf Trust

    Vaneck Etf Trust (MOO) is linked, with no stored direction, medium confidence in the 21 Sep 2026 story “Trump approval rating hits career low of 32% amid Iran war, high costs.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • XME Spdr Series Trust

    Spdr Series Trust (XME) is linked, with no stored direction, medium confidence in the 21 Sep 2026 story “Trump approval rating hits career low of 32% amid Iran war, high costs.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • XLY Select Sector Spdr Tr

    For “Trump approval rating hits career low of 32% amid Iran war, high costs,” Select Sector Spdr Tr (XLY) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • IWM Ishares Tr

    For “Trump approval rating hits career low of 32% amid Iran war, high costs,” Ishares Tr (IWM) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • HYG Ishares Tr

    In “Trump approval rating hits career low of 32% amid Iran war, high costs,” Ishares Tr (HYG) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

United States Gasoline Fund (UGA) and the defense link

The 21 Sep 2026 story “Trump approval rating hits career low of 32% amid Iran war, high costs” names United States Gasoline Fund (UGA) because of Defense.

The link for United States Gasoline Fund (UGA) is this: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

Also listed, iShares S&P GSCI Commodity-Indexed Trust (GSG): Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

Dates and price levels for United States Gasoline Fund (UGA)

DBA traded between 27.85 and 28.86 across 20 sessions. The latest close on file is 28.19. GSG traded between 35.09 and 37.22 across 10 sessions. The latest close on file is 37.04. UGA traded between 140.00 and 152.81 across 20 sessions. The latest close on file is 143.49.

A simple score for United States Gasoline Fund (UGA)

46 out of 100

“Trump approval rating hits career low of 32% amid Iran war, high costs” scores 46 out of 100. The score uses 1 sources, and 19 linked companies.