Geopolitics Alpha

Trump says Ukraine and Russia agreed not to hit energy targets

Published . Updated .

"The World's Diesel price rise is mostly caused by the Russia/Ukraine War, not Iran," Trump said in a social media post.

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

  • 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

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

"The World's Diesel price rise is mostly caused by the Russia/Ukraine War, not Iran," Trump said in a social media post.

Source: CNBC Top

How far United States Gasoline Fund (UGA) has moved since 14 Sep 2026

Since the first closing price after “Trump says Ukraine and Russia agreed not to hit energy targets,” United States Gasoline Fund (UGA) is -0.55%. The S&P 500 fund (SPY) is +1.21% over the same days, a -1.77% difference versus the market. industrial stocks (XLI) is -1.27%, a +0.72% difference versus that group of stocks.

UGA
SPY
XLI

Companies in defense around United States Gasoline Fund (UGA)

Companies carried with this story

  • UGA United States Gasoline Fund

    United States Gasoline Fund (UGA) is linked, with no stored direction, medium confidence in the 14 Sep 2026 story “Trump says Ukraine and Russia agreed not to hit energy targets.” 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

    iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, medium confidence in the 14 Sep 2026 story “Trump says Ukraine and Russia agreed not to hit energy targets.” 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

    In “Trump says Ukraine and Russia agreed not to hit energy targets,” 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

    In “Trump says Ukraine and Russia agreed not to hit energy targets,” Vaneck Etf Trust (MOO) 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

  • XME Spdr Series Trust

    Spdr Series Trust (XME) is linked, with no stored direction, medium confidence in the 14 Sep 2026 story “Trump says Ukraine and Russia agreed not to hit energy targets.” 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

    Select Sector Spdr Tr (XLY) is linked, with no stored direction, medium confidence in the 14 Sep 2026 story “Trump says Ukraine and Russia agreed not to hit energy targets.” 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 says Ukraine and Russia agreed not to hit energy targets,” 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

    For “Trump says Ukraine and Russia agreed not to hit energy targets,” 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

How defense news reaches United States Gasoline Fund (UGA)

The 14 Sep 2026 story “Trump says Ukraine and Russia agreed not to hit energy targets” names United States Gasoline Fund (UGA) because of Defense.

For United States Gasoline Fund (UGA), the reason on file says 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

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 says Ukraine and Russia agreed not to hit energy targets” scores 46 out of 100. The score uses 1 sources, and 19 linked companies.