Geopolitics Alpha

US sanctions on Iran put Armenia’s balancing act to the test

Published . Updated .

Key takeaways

  • Exposed: USO, XLE, BWET, ITA, XOM
  • Market reaction: price tracking starts with the next trading session.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

GEOPOLITICS ALPHAUS sanctions on Iran put Armenia’sbalancing act to the testGEOPOLITICS ALPHA

This report is about oil and tanker shipping.

Directly affected

  • No company is named in this report.

Indirectly affected

  • USO United States Oil Fund+8.9% 30d

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

  • XLE Energy Select Sector SPDR+8.9% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “iran” (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+0.3% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “iran” (defense) in this story.

  • FRO Frontline+8.7% 30d

    Frontline (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “iran” (tanker shipping) in this story.

  • DHT DHT Holdings

    DHT Holdings (deep sea foreign transportation of freight): tanker owners earn more when more crude has to move by sea. Linked by “iran” (tanker shipping) in this story.

  • INSW International Seaways-3.9% 12d

    International Seaways (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “iran” (tanker shipping) in this story.

  • TNK Teekay Tankers

    Teekay Tankers (water transportation): tanker owners earn more when more crude has to move by sea. Linked by “iran” (tanker shipping) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
USO+5.38%+6.75%baseafter closeafter closeafter closeafter close
XLE+2.64%+4.95%baseafter closeafter closeafter closeafter close
BWET+7.18%+11.56%baseafter closeafter closeafter closeafter close
ITA-4.02%-3.08%baseafter closeafter closeafter closeafter close
FRO+5.87%+8.47%baseafter closeafter closeafter closeafter close
DHT+2.17%+4.51%baseafter closeafter closeafter closeafter close
INSW+6.60%+6.75%baseafter closeafter closeafter closeafter close
TNK+3.93%+5.50%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.

US sanctions on Iran put Armenia’s balancing act to the test Amwaj.media

Source: Amwaj.media

Price since this story was published: United States Oil Fund (USO)

CompanyWhenMoveStatus
Amplify Commodity Trust (BWET)three days earlier+11.56%final price
Amplify Commodity Trust (BWET)five days earlier+7.18%final price
DHTthree days earlier+4.51%final price
DHTfive days earlier+2.17%final price
FROthree days earlier+8.47%final price
FROfive days earlier+5.87%final price
INSWthree days earlier+6.75%final price
INSWfive days earlier+6.60%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
TNKthree days earlier+5.50%final price
TNKfive days earlier+3.93%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
Select Sector Spdr Tr (XLE)three days earlier+4.95%final price
Select Sector Spdr Tr (XLE)five days earlier+2.64%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 is named in “US sanctions on Iran put Armenia’s balancing act to the test”

Companies mentioned with 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 on Iran put Armenia’s balancing act to the test.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story

  • XLE Select Sector Spdr Tr

    Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “US sanctions on Iran put Armenia’s balancing act to the test.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “iran” (oil) in this story

  • BWET Amplify Commodity Trust

    Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “US sanctions on Iran put Armenia’s balancing act to the test.” 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

    For “US sanctions on Iran put Armenia’s balancing act to the test,” 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 “iran” (defense) in this story

  • XOM ExxonMobil Holdings

    For “US sanctions on Iran put Armenia’s balancing act to the test,” 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

    Chevron (CVX) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “US sanctions on Iran put Armenia’s balancing act to the test.” 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 “US sanctions on Iran put Armenia’s balancing act to the test,” 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

    Shell (SHEL) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “US sanctions on Iran put Armenia’s balancing act to the test.” 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 “US sanctions on Iran put Armenia’s balancing act to the test” reaches United States Oil Fund (USO)

United States Oil Fund (USO) is the company in “US sanctions on Iran put Armenia’s balancing act to the test,” the 4 Nov 2026 this story story.

United States Oil Fund (USO) is on the page because United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story

Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: its price follows crude oil. Linked by “iran” (oil) in this story

The price range for United States Oil Fund (USO), and the dates in the story

BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. USO traded between 141.82 and 171.80 across 20 sessions. The latest close on file is 156.89. XLE traded between 62.95 and 70.15 across 20 sessions. The latest close on file is 67.26.

How solid “US sanctions on Iran put Armenia’s balancing act to the test” looks

46 out of 100

“US sanctions on Iran put Armenia’s balancing act to the test” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.