US imposes sanctions on Indian and Turkish firms, individuals over Iran ties
Published . Updated .
Key takeaways
- The sanctions are part of the Trump administration's Operation Economic Outcast, which aims to cut off Iran's ability to sell oil to fund the...
- Exposed: USO, XLE, BWET, ITA, INDA
- Market reaction: USO −7.9% on the day (still updating); XLE −5.9% on the day (still updating); BWET −15.7% on the day (still updating)
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The sanctions are part of the Trump administration's Operation Economic Outcast, which aims to cut off Iran's ability to sell oil to fund the...
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 “oil” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: 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.
- ITA iShares U.S. Aerospace & Defense ETF+1.1% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “iran” (defense) in this story.
- INDA iShares MSCI India ETF-3.0% 18d
iShares MSCI India ETF holds stocks listed in India, which this story is about (“indian”).
- TUR iShares MSCI Turkey ETF-19.3% 30d
iShares MSCI Turkey ETF holds stocks listed in Turkey, which this story is about (“turkish”).
- XOM ExxonMobil Holdings+2.0% 16d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron+9.6% 30d
Chevron (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 |
|---|---|---|---|---|---|---|---|
| USO | +5.38% | +6.75% | base | -7.92% | after close | after close | after close |
| XLE | +2.64% | +4.95% | base | -5.91% | after close | after close | after close |
| BWET | +7.18% | +11.56% | base | -15.67% | after close | after close | after close |
| ITA | -4.02% | -3.08% | base | -1.53% | after close | after close | after close |
| INDA | -3.89% | -1.98% | base | +2.78% | after close | after close | after close |
| TUR | +2.02% | -2.22% | base | +4.41% | after close | after close | after close |
| XOM | +2.57% | +5.49% | base | -5.59% | after close | after close | after close |
| CVX | +1.76% | +4.58% | base | -4.68% | 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.
US imposes sanctions on Indian and Turkish firms, individuals over Iran ties Latest news from Azerbaijan
Source: Latest news from Azerbaijan
Price since this story was published: United States Oil Fund (USO)
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | -15.67% | still updating |
| Amplify Commodity Trust (BWET) | three days earlier | +11.56% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +7.18% | final price |
| Chevron (CVX) | that day | -4.68% | still updating |
| Chevron (CVX) | three days earlier | +4.58% | final price |
| Chevron (CVX) | five days earlier | +1.76% | final price |
| Ishares Tr (INDA) | that day | +2.78% | still updating |
| Ishares Tr (INDA) | three days earlier | -1.98% | final price |
| Ishares Tr (INDA) | five days earlier | -3.89% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | that day | -1.53% | still updating |
| 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 |
| Ishares (TUR) | that day | +4.41% | still updating |
| Ishares (TUR) | three days earlier | -2.22% | final price |
| Ishares (TUR) | five days earlier | +2.02% | final price |
| United States Oil Fund (USO) | that day | -7.92% | still updating |
| United States Oil Fund (USO) | three days earlier | +6.75% | final price |
| United States Oil Fund (USO) | five days earlier | +5.38% | final price |
| Select Sector Spdr Tr (XLE) | that day | -5.91% | still updating |
| Select Sector Spdr Tr (XLE) | three days earlier | +4.95% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +2.64% | final price |
| ExxonMobil Holdings (XOM) | that day | -5.59% | still updating |
| ExxonMobil Holdings (XOM) | three days earlier | +5.49% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +2.57% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 21 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 65 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 21 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 42 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 63 days before publication. Filed 7 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 United States Oil Fund (USO)
Companies mentioned with this story
- USO United States Oil Fund
In “US imposes sanctions on Indian and Turkish firms, individuals over Iran ties,” 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
- XLE Select Sector Spdr Tr
For “US imposes sanctions on Indian and Turkish firms, individuals over Iran ties,” 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 “iran” (oil) in this story
- BWET Amplify Commodity Trust
In “US imposes sanctions on Indian and Turkish firms, individuals over Iran ties,” 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
- ITA IShares U.S. Aerospace & Defense ETF
IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “US imposes sanctions on Indian and Turkish firms, individuals over Iran ties.” Reason on file: iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “iran” (defense) in this story
- INDA Ishares Tr
Ishares Tr (INDA) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “US imposes sanctions on Indian and Turkish firms, individuals over Iran ties.” Reason on file: iShares MSCI India ETF holds stocks listed in India, which this story is about (“indian”)
- TUR Ishares
For “US imposes sanctions on Indian and Turkish firms, individuals over Iran ties,” Ishares (TUR) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Turkey ETF holds stocks listed in Turkey, which this story is about (“turkish”)
- XOM ExxonMobil Holdings
In “US imposes sanctions on Indian and Turkish firms, individuals over Iran ties,” 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 “iran” (oil) in this story
- CVX Chevron
For “US imposes sanctions on Indian and Turkish firms, individuals over Iran ties,” 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
United States Oil Fund (USO)
On 4 Nov 2026, “US imposes sanctions on Indian and Turkish firms, individuals over Iran ties” 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 “iran” (oil) in this story
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “iran” (oil) in this story
Price levels for United States Oil Fund (USO)
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. 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.
How strong the case is around United States Oil Fund (USO)
46 out of 100Price not final
“US imposes sanctions on Indian and Turkish firms, individuals over Iran ties” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.