Geopolitics Alpha

US sanctions Istanbul firm that serviced blacklisted Iranian airlines

Published . Updated .

Key takeaways

  • US sanctions Türkiye-based firm for serving blacklisted Iranian airlines and also targets a 13-party network that sells fake ship registries to Iran
  • Exposed: JETS, USO, BWET, DAL, UAL
  • Market reaction: USO −8.0% on the day; JETS +6.7% on the day; BWET −15.7% on the day

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US sanctions Istanbul firm that serviced blacklisted Iranian airlines

US sanctions Türkiye-based firm for serving blacklisted Iranian airlines and also targets a 13-party network that sells fake ship registries to Iran

Directly affected

  • No company is named in this report.

Indirectly affected

  • JETS U.S. Global Jets ETF-2.7% 30d

    U.S. Global Jets ETF: it holds airlines. Linked by “airline” (airlines) in this story.

  • USO United States Oil Fund+6.3% 30d

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

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

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

  • TUR iShares MSCI Turkey ETF-19.3% 30d

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

  • DAL Delta Air Lines+1.9% 30d

    Delta Air Lines (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story.

  • UAL United Airlines Holdings+3.5% 14d

    United Airlines Holdings (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story.

  • AAL American Airlines Group-3.9% 30d

    American Airlines Group (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story.

  • LUV Southwest Airlines+8.9% 10d

    Southwest Airlines (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
JETS-2.26%-2.43%base+6.68%after closeafter closeafter close
USO+5.38%+6.75%base-8.03%after closeafter closeafter close
BWET+7.18%+11.56%base-15.67%after closeafter closeafter close
TUR+2.02%-2.22%base+4.64%after closeafter closeafter close
DAL-3.53%-3.78%base+7.20%after closeafter closeafter close
UAL-3.52%-2.79%base+7.95%after closeafter closeafter close
AAL-1.95%-1.79%base+6.12%after closeafter closeafter close
LUV+0.09%-2.34%base+6.91%after 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.

US sanctions Istanbul firm that serviced blacklisted Iranian airlines Türkiye Today

Source: Türkiye Today

How far U.S. Global Jets Etf (JETS) has moved since 4 Nov 2026

CompanyWhenMoveStatus
American Airlines Group (AAL)that day+6.12%final price
American Airlines Group (AAL)three days earlier-1.79%final price
American Airlines Group (AAL)five days earlier-1.95%final price
Amplify Commodity Trust (BWET)that day-15.67%final price
Amplify Commodity Trust (BWET)three days earlier+11.56%final price
Amplify Commodity Trust (BWET)five days earlier+7.18%final price
Delta Air Lines (DAL)that day+7.20%final price
Delta Air Lines (DAL)three days earlier-3.78%final price
Delta Air Lines (DAL)five days earlier-3.53%final price
U.S. Global Jets Etf (JETS)that day+6.68%final price
U.S. Global Jets Etf (JETS)three days earlier-2.43%final price
U.S. Global Jets Etf (JETS)five days earlier-2.26%final price
Southwest Airlines (LUV)that day+6.91%final price
Southwest Airlines (LUV)three days earlier-2.34%final price
Southwest Airlines (LUV)five days earlier+0.09%final price
TURthat day+4.64%final price
TURthree days earlier-2.22%final price
TURfive days earlier+2.02%final price
United Airlines Holdings (UAL)that day+7.95%final price
United Airlines Holdings (UAL)three days earlier-2.79%final price
United Airlines Holdings (UAL)five days earlier-3.52%final price
United States Oil Fund (USO)that day-8.03%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

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 U.S. Global Jets Etf (JETS)

Companies carried with this story

  • JETS U.S. Global Jets Etf

    U.S. Global Jets Etf (JETS) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “US sanctions Istanbul firm that serviced blacklisted Iranian airlines.” Reason on file: U.S. Global Jets ETF: it holds airlines. Linked by “airline” (airlines) in this story

  • USO United States Oil Fund

    United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “US sanctions Istanbul firm that serviced blacklisted Iranian airlines.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “iranian” (oil) in this story

  • BWET Amplify Commodity Trust

    For “US sanctions Istanbul firm that serviced blacklisted Iranian airlines,” 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 “iranian” (tanker shipping) in this story

  • DAL Delta Air Lines

    In “US sanctions Istanbul firm that serviced blacklisted Iranian airlines,” Delta Air Lines (DAL) is linked, with no stored direction, medium confidence. Reason on file: Delta Air Lines (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story

  • UAL United Airlines Holdings

    United Airlines Holdings (UAL) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “US sanctions Istanbul firm that serviced blacklisted Iranian airlines.” Reason on file: United Airlines Holdings (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story

  • AAL American Airlines Group

    For “US sanctions Istanbul firm that serviced blacklisted Iranian airlines,” American Airlines Group (AAL) is linked, with no stored direction, medium confidence. Reason on file: American Airlines Group (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story

  • LUV Southwest Airlines

    In “US sanctions Istanbul firm that serviced blacklisted Iranian airlines,” Southwest Airlines (LUV) is linked, with no stored direction, medium confidence. Reason on file: Southwest Airlines (air transportation, scheduled): airlines' costs move with jet fuel and travel demand. Linked by “airline” (airlines) in this story

  • XOM ExxonMobil Holdings

    For “US sanctions Istanbul firm that serviced blacklisted Iranian airlines,” 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 “iranian” (oil) in this story

U.S. Global Jets Etf (JETS)

On 4 Nov 2026, “US sanctions Istanbul firm that serviced blacklisted Iranian airlines” is the story that connects U.S. Global Jets Etf (JETS) to this story.

What ties U.S. Global Jets Etf (JETS) to the headline is this: U.S. Global Jets ETF: it holds airlines. Linked by “airline” (airlines) in this story

Also listed, United States Oil Fund (USO): United States Oil Fund: its price follows crude oil. Linked by “iranian” (oil) in this story

Price levels for U.S. Global Jets Etf (JETS)

BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. JETS traded between 25.57 and 28.64 across 20 sessions. The latest close on file is 27.04. USO traded between 142.51 and 171.80 across 20 sessions. The latest close on file is 158.17.

How strong the case is around U.S. Global Jets Etf (JETS)

46 out of 100

“US sanctions Istanbul firm that serviced blacklisted Iranian airlines” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.