US Treasury Cuts Off Eight Canadian Currency Firms Over Iran Sanctions Evasion
Published . Updated .
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The U.S. Treasury sanctioned eight Canadian money services businesses in Ontario and British Columbia, accusing them of helping sanctioned Iranian…
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund-0.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 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+1.1% 30d
iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “iran” (defense) in this story.
- EWC iShares MSCI Canada ETF+0.9% 30d
iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canadian”).
- EWU iShares MSCI United Kingdom ETF-1.8% 17d
iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“british”).
- FXC Invesco CurrencyShares Canadian Dollar Trust+0.6% 11d
Invesco CurrencyShares Canadian Dollar Trust follows the Canadian dollar, whose moves this story covers.
- FXB Invesco CurrencyShares British Pound Trust+1.5% 6d
Invesco CurrencyShares British Pound Trust follows the British pound, whose moves this story covers.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +5.62% | -2.06% | base | after close | after close | after close | after close |
| XLE | +9.12% | +3.08% | base | after close | after close | after close | after close |
| BWET | +35.08% | +5.02% | base | after close | after close | after close | after close |
| ITA | +3.67% | +2.77% | base | after close | after close | after close | after close |
| EWC | +1.43% | +3.07% | base | after close | after close | after close | after close |
| EWU | +1.72% | +3.62% | base | after close | after close | after close | after close |
| FXC | -0.34% | -0.34% | base | after close | after close | after close | after close |
| FXB | +0.00% | +0.00% | base | after close | 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 Treasury Cuts Off Eight Canadian Currency Firms Over Iran Sanctions Evasion BigGo Finance
Source: BigGo Finance
The price since 7 Nov 2026: United States Oil Fund (USO) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | three days earlier | +5.02% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +35.08% | final price |
| Ishares Msci Canada Etf (EWC) | three days earlier | +3.07% | final price |
| Ishares Msci Canada Etf (EWC) | five days earlier | +1.43% | final price |
| EWU | three days earlier | +3.62% | final price |
| EWU | five days earlier | +1.72% | final price |
| FXB | three days earlier | 0.00% | final price |
| FXB | five days earlier | 0.00% | final price |
| Invesco CurrencyShares Canadian Dollar Trust (FXC) | three days earlier | -0.34% | final price |
| Invesco CurrencyShares Canadian Dollar Trust (FXC) | five days earlier | -0.34% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | three days earlier | +2.77% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | five days earlier | +3.67% | final price |
| United States Oil Fund (USO) | three days earlier | -2.06% | final price |
| United States Oil Fund (USO) | five days earlier | +5.62% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | +3.08% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +9.12% | 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 24 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 68 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 24 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 45 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 66 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 tied to this story
- USO United States Oil Fund
In “US Treasury Cuts Off Eight Canadian Currency Firms Over Iran Sanctions Evasion,” 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
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “US Treasury Cuts Off Eight Canadian Currency Firms Over Iran Sanctions Evasion.” 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 7 Nov 2026 story “US Treasury Cuts Off Eight Canadian Currency Firms Over Iran Sanctions Evasion.” 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 Treasury Cuts Off Eight Canadian Currency Firms Over Iran Sanctions Evasion,” 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
- EWC Ishares Msci Canada Etf
Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “US Treasury Cuts Off Eight Canadian Currency Firms Over Iran Sanctions Evasion.” Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canadian”)
- FXC Invesco CurrencyShares Canadian Dollar Trust
In “US Treasury Cuts Off Eight Canadian Currency Firms Over Iran Sanctions Evasion,” Invesco CurrencyShares Canadian Dollar Trust (FXC) is linked, with no stored direction, medium confidence. Reason on file: Invesco CurrencyShares Canadian Dollar Trust follows the Canadian dollar, whose moves this story covers
- XOM ExxonMobil Holdings
ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “US Treasury Cuts Off Eight Canadian Currency Firms Over Iran Sanctions Evasion.” 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
In “US Treasury Cuts Off Eight Canadian Currency Firms Over Iran Sanctions Evasion,” 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)
The 7 Nov 2026 story “US Treasury Cuts Off Eight Canadian Currency Firms Over Iran Sanctions Evasion” names United States Oil Fund (USO) because of this 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
A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: 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 143.02 and 171.80 across 20 sessions. The latest close on file is 148.22. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
What the saved facts support for United States Oil Fund (USO)
46 out of 100
“US Treasury Cuts Off Eight Canadian Currency Firms Over Iran Sanctions Evasion” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.